Iran and Kazakhstan inked a memorandum of being familiar with (MOU) on the enlargement of cooperation in the agriculture and trade fields as well as industries, logistics, transportation and engineering transfer in Tehran on Wednesday.
The MOU was signed by Javad Sadati-Nejad, the Iranian agriculture minister, and Zhumangarin Serik, the deputy primary minister and minister of trade and integration of Kazakhstan, who frequented Tehran on best of a Kazakh delegation.
As noted, the exertion of the two international locations in purchase to maximize the value of bilateral trade to about 1 billion dollars, centered on the agreements of the presidents of the two nations around the world, is considered in the MOU.
In this MOU, there was also an settlement on the institution of a joint investing company for agricultural items and the implementation of joint agricultural assignments, and also keeping connected exhibitions by Kazakh organizations in Tehran in the initial thirty day period of the future Iranian calendar year (commences on March 21, 2023), coinciding with the stop by of the key minister of Kazakhstan to Tehran.
For the duration of a meeting between Kazakhstan Key Minister Alikhan Ashanuly Smaiylov and Iran’s First Vice President Mohammad Mokhber on the sidelines of the Next Caspian Financial Forum in Moscow on October 6, the Kazakh aspect emphasised the value of increasing the amount of cooperation between Tehran and Astana in the oil swap, as nicely as industry, agriculture, scientific and cultural sectors.
Mokhber, for his aspect, said that the level of trade concerning Iran and Kazakhstan can rapidly access a few billion dollars, contemplating the current capacities of the two nations around the world.
The Kazakh primary minister welcomed the proposal of Iran’s very first vice president and stated that the needed fields and capacities of the two countries are prepared to increase the degree of trade exchanges amongst Iran and Kazakhstan and attain 3 billion pounds a 12 months.
Mokhber then declared Iran’s readiness to deliver mining firms to Kazakhstan and extra: “Tehran is completely ready to cooperate with Astana in port, dam construction, hydropower plant development, expertise-based mostly and technological and engineering expert services.”
Also, throughout an Iran-Kazakhstan small business forum hosted by Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) in Tehran in mid-Oct, the two sides stressed the need to have for eliminating visa issuance and transportation hurdles, to understand a $6 billion yearly trade focus on.
The business forum was attended by senior officers from both equally sides which include ICCIMA Head Gholam Hossein Shafeie, Kairat Torebayev, Kazakhstan’s vice minister of trade and integration, Kazakh Ambassador to Tehran Askhat Orazbay, and ICCIMA Deputy Head Mohammadreza Karbasi, as perfectly as the head of Iranian chambers of commerce and businessmen from the two sides.
The users of the Iran-Kazakhstan Joint Chamber of Commerce, associates of the Islamic Republic of Iran Railways (RAI), the Trade Advertising Firm (TPO), and the Agriculture Ministry were also present at the function.
Speaking in the meeting, Shafeie underlined the two nations around the world common cultural and spiritual backgrounds and explained: “Our relations with neighboring nations around the world have a distinctive priority for the authorities, and Kazakhstan, as just one of the largest countries in Central Asia, has an crucial put for us in Iran’s overseas coverage.”
“In the past two yrs, inspite of the coronavirus pandemic the borders of the two nations were never ever closed and professional merchandise ended up exchanged through water borders,” Shafeie extra.
He pressured that provided the methods and abilities of the two international locations in different fields these as oil, gas, and shipping and delivery in the Caspian Sea, petrochemicals, agriculture, metals, minerals and chemical substances, animal husbandry, building elements, and technical products and services and engineering, bilateral relation with the Republic of Kazakhstan has special importance for Iran.
“Especially provided the energetic existence of Kazakhstan in global interactions, as well as its membership in the Eurasian Financial Union (EAEU) and the Shanghai Arrangement, the likely for the advancement of trade relations among the two countries is a lot more than ahead of,” the official explained.
Even more in the forum, Orazbay said that holding this occasion on the eve of the 30th anniversary of Kazakhstan’s independence is of special significance for the region, introducing: “Kazakhstan is not only the biggest state in Central Asia but also the largest economic system among the them. At existing, Kazakhstan is a single of the 50 most produced nations around the world in the globe, and with the designs produced, we want to develop into just one of the major 30 nations in the entire world in the long run.”
Torebayev for his element observed that Iran and Kazakhstan have always had friendly social, cultural, and political relations and are close to every other.
“The likelihood of communication by rail, sea, and air among the two countries has introduced their relations closer collectively,” he stressed.