Iran continues cooperation with Qatar private sector

Business Materials 29 May 2019 13:43 (UTC +04:00)

Tehran, Iran, May 29


Many countries are under intense pressure from the US treasury requiring to observe the sanctions against Iran, but Qatari private sector does not intend to obey them, said Head of Iran-Qatar joint Chamber of Commerce in an interview to Trend.

Qatar has recently announced that due to US treasury regulation, its exports to Iran are limited to food items and medicines, even though Iran did provide help to Qatar when Persian Gulf states imposed blockade on the country the Qatari officials repeatedly stated that they would never forget Iran's help, he said.

"The private sector in Iran and Qatar intend to resume ties, and it seems that the problems will be resolved soon," Head of Iran-Qatar joint Chamber of Commerce Adnan Mousapour said. "The problem is caused by latest regional developments, but the Qatari side tends to separate the economic relations between two countries from the regional issues."

According to him, while many countries are under heavy pressure from the US Treasury, it looks like Qatar's private sector is not going to implement the sanctions.

Earlier, the Head of Iran-Qatar joint Chamber of Commerce announced that the trade turnover increased four times. "After the neighbor countries imposed the blockade on Qatar, the trade volume between Iran and Qatar increased from $60 million to $250 million per year," he said.