Apr 26, 2023, 8:24 PM
News ID: 85093779
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Iran, Kazakhstan aim to raise trade to $3 billion 

Apr 26, 2023, 8:24 PM
News ID: 85093779
Iran, Kazakhstan aim to raise trade to $3 billion 

Tehran, IRNA - Iranian Vice President Mohammad Mokhber said economic relations between Iran and Kazakhstan are not on par with the level of bilateral political ties, and stressed that the two countries aim to raise their trade volume to $3 billion.

“Even though economic relations between Iran and Kazakhstan have climbed by about 20% to $500 million, it is not proportional to the level of political relations and communications between the two countries,” Mokhber said at a joint press conference with visiting Kazakh Prime Minister Alikhan Smailov in Tehran on Wednesday.

“During Prime Minister Smailov's visit to Iran, it was agreed to increase this number to $3 billion,” he added.

Smailov arrived in Tehran on Wednesday for an official visit, and met with the Iranian vice president to explore ways to expand economic and trade ties between the two countries.

During their meeting, Mokhber said, it was decided to “quickly develop a temporary roadmap between Iran and Kazakhstan” to improve economic relations.

Detailed discussions were held to expand cooperation in the fields of oil industry, drilling, mining, electricity, auto industry, agricultural machinery, aviation and shipping, he pointed out.

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