Iran, Qatar Sign World’s Largest Saffron Trade Agreement

Via the Iran Project, a report on a new trade agreement between Iran and Qatar:

The largest trade agreement in the field of saffron between Iran and Qatar was signed in the presence of political and economic figures of the two countries.

The agreement was reached during the meeting of Qatari Minister of Finance Ali bin Ahmed Al Kuwari with Iran’s Ambassador to Doha Hamidreza Dehghani.

In the meeting, which was attended by some officials and businessmen of the two countries, Qatar’s finance minister emphasized his country’s support for trade relations with Iran and added that Qatar is ready to cooperate with the Islamic Republic of Iran in the field of saffron processing according to international standards.

The Iranian ambassador, for his part, called for the development of Tehran-Doha economic relations.

Following this meeting, a commercial contract for the transfer and processing of 200 tons of Iranian saffron with an initial value of 300 million dollars was concluded between Iranian and Qatari businessmen.

According to this contract, the first shipment of Iranian saffron will be sent to Qatar on October 1, 2022.



This entry was posted on Tuesday, September 20th, 2022 at 9:11 pm and is filed under Iran, Qatar.  You can follow any responses to this entry through the RSS 2.0 feed.  Both comments and pings are currently closed. 

Comments are closed.


ABOUT
WILDCATS AND BLACK SHEEP
Wildcats & Black Sheep is a personal interest blog dedicated to the identification and evaluation of maverick investment opportunities arising in frontier - and, what some may consider to be, “rogue” or “black sheep” - markets around the world.

Focusing primarily on The New Seven Sisters - the largely state owned petroleum companies from the emerging world that have become key players in the oil & gas industry as identified by Carola Hoyos, Chief Energy Correspondent for The Financial Times - but spanning other nascent opportunities around the globe that may hold potential in the years ahead, Wildcats & Black Sheep is a place for the adventurous to contemplate & evaluate the emerging markets of tomorrow.