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Thursday, February 12, 2026 2:11 GMT
On the sidelines of the second "Emerging Economies" summit in AlUla, Saudi Arabia, Iranian Minister of Economic Affairs and Finance met and held discussions with the economy ministers of Qatar, Pakistan, and Uzbekistan.Ali Madanizadeh met with Ali bin Ahmed Al Kuwari, the Minister of Economy of Qatar, to discuss ways to deepen bilateral economic cooperation, develop joint investments, and utilize the mutual capacities of both nations.During this meeting, the Qatari official, emphasizing the importance of expanding economic ties between Tehran and Doha, extended a formal invitation to the Iranian Minister of Economic Affairs and Finance to visit Qatar.The second AlUla Conference for Emerging Market Economies is being held with the participation of finance ministers, central bank governors, and senior economic officials from various countries, hosted jointly by the Saudi Ministry of Finance and the International Monetary Fund (IMF). This summit serves as a platform for exchanging views on shared challenges and opportunities for emerging economies and strengthening regional and international cooperation in the field of economic policies.Economy minister meets with president of Islamic Development BankOn the sidelines of the second AlUla Conference for Emerging Market Economies, jointly hosted by the Saudi Ministry of Finance and the International Monetary Fund (IMF), Madanizadeh met with Muhammad Al Jasser, the President of the Islamic Development Bank (IsDB).During this meeting, the two sides exchanged views on ways to expand cooperation between the Islamic Republic of Iran and the Islamic Development Bank, particularly in financing developmental projects, utilizing the bank's existing capacities, and strengthening financial and economic interactions.Expansion of regional Economic cooperation in meetings with Uzbek and Pakistani ministersMadanizadeh also held separate meetings with Jamshid Kuchkarov, the Deputy Prime Minister and Minister of Economy and Finance of the Republic of Uzbekistan, and Senator Muhammad Aurangzeb, the Federal Minister for Finance and Revenue of the Islamic Republic of Pakistan, to discuss the development of bilateral and regional economic cooperation.In the meeting with the Uzbek Minister of Economy and Finance, key topics such as joint investment, the development of transit routes, logistical cooperation, and bilateral economic programs were discussed.Both parties emphasized the continuation of technical and financial interactions to facilitate trade relations.Additionally, in the meeting with Pakistan's Federal Minister for Finance and Revenue, issues including customs and border cooperation, the expansion of economic ties, facilitation of mutual trade, and increasing bilateral financial exchanges were raised and reviewed.Both sides underscored the importance of utilizing shared capacities to expand regional trade and facilitate the transit of goods. - IRNA