BrazilQatari trade delegation visits Iran to explore further cooperation
A delegation of business leaders from Qatar met with Iranian counterparts at a forum in Tehran, held on 6 and 7 March. The forum was organized by Iran’s Trade Promotion Organization with support from the Qatar Development Bank and Iranian professional services group NikKhah.
The delegation included 20 major Qatari holdings and companies, which met with over 200 Iranian companies. They convened to explore potential investment and cooperation, with Qatari manufacturers eager to network with Iranian importers.
The first part of the event was marked by an opening ceremony featuring speeches from both Iranian and Qatari officials. At the second part of the forum, attendees from both countries focused on mutual economic opportunities and business-to-business cooperation.
The event was facilitated by NikKhah. Founded in 2013 and headquartered in Tehran, NikKhah provides advisory, business setup, export, and trade delegation services, among others.
The firm’s consulting arm, NikKhah Consulting, provides management and business consulting services around topics such as market intelligence, sales, sustainability, and production planning. NikKhah’s exports-focused subsidiary offers support on export and import, a particularly complicated area for Iran, which has been under a complex set of international sanctions for decades, mostly led by the US.
Over the years, NikKhah has organized other business events and aided delegations to UAE and Turkey, among other countries. Besides its head office in Iran, the firm has branch offices in Turkey and UAE.
Warming trade relations
Qatar and Iran have close economic and diplomatic ties. Some of their economic cooperation is linked to their co-ownership of the South Pars Field, the world’s largest natural gas field, which lies in between the two nations in the Persian Gulf. Unlike other neighboring non-aligned member states like Saudi Arabia and the UAE, Qatar typically avoids criticism of Iran’s affairs and policies.
Tehran and Doha saw trade relations grow by 35% in 2022 and the leaders of the two countries, Iranian President Ayatollah Seyed Ebrahim Raisi and Qatari Amir Sheikh Tamim bin Hamad Al-Thani, often meet to discuss economic cooperation as well as regional and international issues.
