Iran Pursue Joint Investment With Qatar
Iran Pursue Joint Investment With Qatar
Head of Iran-Qatar Joint Chamber says despite good relations between Iran and Qatar, their trade is not in a satisfactory level , adding that Iranians should go after joint investment with Qataris if they want to boost the trade.

Iran Pursue Joint Investment With Qatar

IRAN NEWS ECONOMIC DESK

TEHRAN – Head of Iran-Qatar Joint Chamber says despite good relations between Iran and Qatar, their trade is not in a satisfactory level , adding that Iranians should go after joint investment with Qataris if they want to boost the trade.

Speaking to Khabar Online, Mr. Adnan Mousa Pour said that Iran’s ties with Qatar have always been good through the history and because of this amicable relation, Iran can take advantage to boost its trade with this country.

He admitted that trade with Qatar is not in a satisfactory condition but Iranians can improve it to compensate for their passiveness in the past.

He reiterated that the problem is that Iranians have performed weakly in trade with most countries in the world like Russia. He further said if Iran has done better in trade with Iraq is because of having joint borders and their trade has been traditional but Iran can act better in trade with Iraq in high level.

Mousa Pour said Qataris have a very special characteristic in the world as they are good investors and Iran should take advantage of this capacity and good ties with Qatar for joint projects.

He said he believes Iran’s economic diplomacy is weak and this does not only limit to Qatar, adding that in most countries, the priority of Iran is not economic and it has always been busy with some problems. He reiterated that if the country focuses on economy and becomes a dealer, it will be to the benefit of the country.

He also criticized the government and current existing regulations which discouraged exporters as most of exporters have stopped working.

Musa Pour said that sudden changes in the laws and regulations have forced most of Iranian exporters to stop working for now. He further said repeated changes in laws and regulations about the forex is another woe for the exporters, adding this may lead to the slump in Iran’s exports in most countries.

He added that the reason behind the decline in exports is that exporters do not feel safe in their jobs. He criticized the current forex regulation which has affected exporters seriously.

Musa Pour added that the regulations have unintentionally restricted exporters and for this reason we witness some agro products in the country are not exported and they are distributed for free to the public.

He reiterated that despite some claims, almost 95 percent of the forex resulted from the exports return to the country.

He said some people think that if oil revenue is cut from the budget, all attentions will be shifted to exports but it does not mean that exports will be strengthened.

Musa Pour reiterated as long as the regulations are not amended, one cannot expect exports to boost.

He also admitted that the outbreak of the Coronavirus has also affected the economy and especially the exports.

He also rejected this assumption that devaluation of national currency will boost exports, saying that it is correct till the moment the domestic cost and price does not soar and if it happens, the devaluation has no impact in boosting exports.

He also criticized the current fluctuation in the forex market, saying that it causes an obstacle in way of an exporter for a long-term contract with his foreign counterpart.