Iran, Kazakhstan presidents vow to commence new round of banking cooperation

In the meeting between the two presidents, officials from both sides central banks were also present.

Congratulating the 25th independence anniversary of the Republic of Kazakhstan, President Rouhani said that Iran immediately recognized Kazakhstan's independence and underlined that it would welcome continued expansion and bolstering of all-out relations and cooperation between the two neighboring states.

Iran is determined to expand all out cooperation with Kazakhstan, President Rouhani stressed.

In the latest meeting of Iran-Kazakhstan joint economic commission, the two sides took significant strides that should be continued through expansion of banking cooperation and issuance of visas, President Rouhani said.

Lauding the efforts made by Kazakhstan and its positive role during the landmark nuclear talks between Iran and G5+1, President Rouhani said Iran and Kazakhstan have always supported each other at international gatherings and should spare no efforts to increase such cooperation in regional and international developments.

Iranian private sectors are to play active role in energy, agriculture, road construction, technical and engineering services in Kazakhstan and issuance of collective visas for tourist and businessmen will help boost relations between the two sides, President Rouhani said.

The Kazakh president, for his part, described Iran as the most important country in the region and also a good friend for Kazakhstan in the Islamic world.

There exists huge untapped economic potentials between the two countries which all should be explored, he said while highlighting the significant role of Iran in the region and in Caspian Sea region in particular.

Kazakhstan welcomes expansion of cooperation in various fields such as energy, agriculture, oil and gas and mines, Kazakh president said.

He also backed launching of direct flight between Tehran and Astana to help expand tourism industry.

A number of Iranian companies have signed long term lease contract for cultivation of agricultural products in about 700,000 acres in difference provinces of Kazakhstan.

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