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Qatar + Turkey ink JETCO Protocol: Turkish Trade Minister Omer Bolat and Qatar’s Commerce and Industry Minister Mohammed bin Hamad bin Qassim Al Abdullah Al Thani have signed a Joint Economic Trade Committee (JETCO) agreement to boost commercial ties between their nations, Bolat said on X last Thursday. The protocol covers cooperation in various areas including customs procedures and green transformation initiatives. The roadmap looks to increase bilateral trade to over USD 5 bn. The upcoming Turkey-Qatar Trade and Economic Partnership Agreement will further increase efforts towards this goal, Bolat said.
Iran + Iraq ink agreement to boost trade: Iranian Interior Minister Adnan Al-Waeli and Iraqi head of the Border Ports Authority Omar Adnan Al-Waeli have signed an agreement to streamline trade procedures and enhance border security, Iraqi News Agency reported on Wednesday. The measures include transferring data on passengers and goods from the Iranian side to Iraqi ports to ensure procedures are completed in a timely manner, as well as setting regulations on axle weights to ensure Iraqi roads are not damaged by heavy loads. The agreement also looks to establish direct communication between border authorities in the two countries.
OTHER STORIES WORTH KNOWING THIS MORNING-
- Dubai + UK customs discuss cooperation on border security: Director General of Dubai Customs Ahmed Mahboob Musabih met with the UK customs’ head of International Communication Network Bob Mathieso to discuss boosting cooperation to combat organized crime and ensure the protection of legitimate trade. The two sides also held a workshop titled Illicit Trade and Border Protection to exchange expertise and raise awareness about risks and threats. (Statement)
- Bahrain + KSA sign MoU to boost economic ties: Saudi Economy and Planning Minister Faisal bin Fadhil Alibrahim and Bahrain’s Finance and National Economy Minister Salman bin Khalifa Al Khalifa have signed an MoU to deepen cooperation in the finance sector. (Bahrain News Agency)
