Iran, Turkey, Qatar move to bolster trade amid Saudi-led blockade

Iran, Turkey and Qatar have signed a trilateral agreement aimed at boosting trade with Doha amid a Saudi-led blockade on the Persian Gulf sheikhdom.

Iranian Minister of Industry, Mines and Business Mohammad Shariatmadari, Turkish Economy Minister Nihat Zeybekci and Qatari Economy Minister Ahmed bin Jassim Al Thani signed the deal in Tehran on Sunday.

The measure would facilitate the process of the transiting goods among the three countries, by tackling obstacles created to economically isolate Doha.

Earlier, Shariatmadari announced Qatar was eager to expand ties with the Islamic Republic in all areas as a result of the current conditions that the Saudi-led blockade against it had created.

Back in June, Saudi Arabia, Egypt, Bahrain, and the United Arab Emirates imposed a trade and diplomatic embargo on Qatar, accusing Doha of supporting terrorism, an allegation strongly denied by the emirate.