Iran and Kazakhstan signed a memorandum of understanding (MOU) on Wednesday on expanding cooperation in the agriculture and trade sectors, as well as on industries, logistics, transport and technology transfer in Tehran.

The MoU was signed by Javad Sadati-Nejad, Iranian Agriculture Minister, and Zhumangarin Serik, Kazakhstan’s Deputy Prime Minister and Minister of Trade and Integration, who visited Tehran on top of a Kazakh delegation.

As reported, in the memorandum of understanding the effort of the two countries to increase the value of bilateral trade to about one billion dollars is considered, on the basis of the agreements of the presidents of the two countries.

In this MoU there was also an agreement on the establishment of a joint trading company for agricultural products and the implementation of joint agricultural projects, and also the organization of related exhibitions by Kazakh companies in Tehran in the first month. next Iranian calendar year (starts March 21, 2023), coinciding with the visit of the Prime Minister of Kazakhstan to Tehran.

During a meeting between Kazakh Prime Minister Alikhan Ashanuly Smaiylov and Iranian First Vice President Mohammad Mokhber on the sidelines of the Second Caspian Economic Forum in Moscow on 6 October, the Kazakh side stressed the importance of improving the level of cooperation between Tehran and Astana. in oil exchanges, as well as in the sectors of industry, agriculture, science and culture.

Mokhber, for his part, said that the level of trade between Iran and Kazakhstan could quickly reach three billion dollars, considering the existing capacities of the two countries.

The Kazakh premier welcomed the proposal of the first Iranian vice president and said that the fields and the necessary capacities of the two countries are ready to raise the level of trade between Iran and Kazakhstan and reach three billion dollars a year.

Mokhber then announced Iran’s readiness to send mining companies to Kazakhstan and added: “Tehran is ready to partner with Astana in the construction of ports, dams, hydroelectric power plants, knowledge-based and technical and engineering services.”

Furthermore, during an Iran-Kazakhstan business forum hosted by the Iran Chamber of Commerce, Industry, Mines and Agriculture (ICCIMA) in Tehran in mid-October, the two sides stressed the need to remove obstacles to issuing visas and to transportation, to achieve a $ 6 billion annual commercial target investment.

The forum was attended by senior officials from both sides, including ICCIMA head Gholam Hossein Shafeie, Kairat Torebayev, Kazakhstan’s Deputy Minister of Trade and Integration, Kazakhstan Ambassador to Tehran Askhat Orazbay and Deputy Head of ‘ICCIMA Mohammadreza Karbasi, as well as the head of Iran’s chambers of commerce and businessmen of the two sides.

The event was also attended by members of the Iran-Kazakhstan Joint Chamber of Commerce, representatives of the Railways of the Islamic Republic of Iran (RAI), the Organization for the Promotion of Trade (TPO) and the Ministry of Agriculture.

Speaking at the meeting, Shafeie underlined the common cultural and religious background of the two countries and said: “Our relations with neighboring countries have a special priority for the government and Kazakhstan, as one of the largest countries in Asia. central, has an important place for us in Iranian foreign policy ”.

“In the past two years, despite the coronavirus pandemic, the borders of the two countries have never been closed and commercial goods have been traded across water borders,” Shafeie added.

He stressed that given the resources and capabilities of the two countries in various fields such as oil, gas and shipping in the Caspian Sea, petrochemicals, agriculture, metals, minerals and chemicals, animal husbandry, building materials, technical and engineering services, bilateral relations with the Republic of Kazakhstan they have special significance for Iran.

“Especially given Kazakhstan’s active presence in global interactions, as well as its membership in the Eurasian Economic Union (EAEU) and the Shanghai Agreement, the potential for developing trade relations between the two countries is more than ever”, the official said.

Later in the forum, Orazbay said that holding this event on the eve of the 30th anniversary of Kazakhstan’s independence is of particular importance to the country, adding: “Kazakhstan is not only the largest country in Central Asia, but also the largest economy among them. At the moment, Kazakhstan is one of the 50 most developed countries in the world and, with the plans made, we want to become one of the top 30 countries in the world in the future. “

Torebayev for his part noted that Iran and Kazakhstan have always had friendly social, cultural and political relations and are close to each other.

“The possibility of communication by rail, sea and air between the two countries has brought their relations closer”, he stressed.

Tehran times

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