Taghribnews (TNA) - Iran announces readiness to embrace Qatar's investment in Nano-Tech

Iran's Deputy Minister of Industry, Mine, and Trade has said that the country is ready to support the Qatari investment in Nano-technology, biotechnology, and medical equipment.

A marketing delegation from Iran, led by Alireza Peyman-Pak left Iran to Qatar to expand economic and trade ties between the two countries, simultaneously with the eighth meeting of the Iran-Qatar Joint Cooperation Commission.

He pointed to Iran-Qatar's efforts to develop a financial mechanism and said the Iranian fund for guaranteeing exports would issue insurance for the Qatari businessmen, which could be replaced with bank guarantees.
According to Peyman-Pak, small ships between the two countries have entered and new marine lines have been developed to further facilitated marine trades.
The volume of the Iran-Qatar trade reached about $150 million last year, out of which $140 million was for export and $10 million was for imports.