69724
Turkey Eyes Iran Route to Trade With Qatar
Turkey Eyes Iran Route to Trade With Qatar

Turkey Eyes Iran Route to Trade With Qatar

Turkey Eyes Iran Route to Trade With Qatar

Ankara, Doha and Tehran want to discuss land trade routes on the sidelines of the oath-taking ceremony of Iran’s president-elect, Hassan Rouhani, on Saturday, Turkish Economy Minister Nihat Zeybekci said on Friday.
“We’re thinking about alternatives for land trade routes with Qatar but the easiest way is passing through Iran,” Zeybekci told Anadolu Agency in an exclusive interview.
In early June, a handful of Arab states—led by Saudi Arabia—abruptly severed diplomatic relations with Qatar and imposed a blockade on the Persian Gulf country, accusing it of supporting terrorist groups.
The Qatari government has denied the accusation, blasting the blockade as unjustified and a violation of international law.
“We want to meet all of Qatar’s needs. We want all good providers in Turkey to sell products, including cleaning materials, domestic appliances ... and textile, in Qatar,” Zeybekci said.
“Trade between Turkey and Qatar increased in June and July. We have to make this increase permanent.”
Turkey’s exports to Qatar increased from $36.2 million in May 2017 to $52.4 million in June 2017. Turkey’s imports from Qatar amounted to $23.7 million in June, compared to $19.6 million in May.
Zeybekci said using cargo planes to carry products was not sustainable.
“We want to make it [transportation] economical, sustainable and reliable,” Zeybekci added.
“Shipment by sea will gain importance. We foresee that at least four large tonnage ships would go to Qatar monthly but the land route is an alternative for carrying flexible and smaller packages.”

Short URL : https://goo.gl/PMw42k
  1. https://goo.gl/aQZ3Pe
  • https://goo.gl/hSZdyp
  • https://goo.gl/wBKWN1
  • https://goo.gl/Rt5974
  • https://goo.gl/1J475D

You can also read ...

Central Bank of Iran Against Market Intervention
Central Bank of Iran's Governor Abdolnasser Hemmati said the...
New Forex Initiative Unable to Tip Scales
The new forex initiative has only managed to fix major policy...
VDMA Backs Iran Trade
Germany’s plastics and rubber machinery trade association,...
Musk Bid for Tesla Still Murky
Tesla Inc’s board named a special committee of three directors...
Tehran Shows 4th Biggest Upturn in Economist’s Livability Index
Tehran is one of the top five cities in the world to have...
Equity-Based Sukuk Return to Iran Capital Market
The government is set to clear part of its debt to Social...
S. Korea Bans Recalled BMWs Over Fire Fears
The South Korean government has said it will ban about 20,000...
Over €81m Worth of Airport Equipment Purchased  Post JCPOA
Iran Airports & Air Navigation Company, an arm of the...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus