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Iran, Kazakhstan to launch preferential trade agreement

Business Materials 17 January 2015 09:49 (UTC +04:00)
Iran and Kazakhstan will launch a preferential trade agreement.
Iran, Kazakhstan to launch preferential trade agreement

Tehran, Iran, Jan. 16

By Milad Fashtami - Trend:

Iran and Kazakhstan will launch a preferential trade agreement.

Deputy Director of Trade Promotion Organization of Iran Valiollah Afkhamirad said that Tehran also plans to launch preferential trade agreement with Eurasia, Iran's Fars News Agency reported on Jan. 16.

He made the remarks at a meeting with Kazakhstan Ambassador to Tehran Baghdad Amiriyev.

"By studying the two countries' roadmap for cooperation, we need to solve the problems to boost bilateral trade," Afkhamiraz said.

"An Iranian delegation will visit Kazakhstan in near future," he added.

Amiriyev, for his part, said that his country is willing to expand its trade ties with Iran.

"We have offered special conditions to Iranian companies," he added.

During the meeting, the two sides stressed on the need to boost their bilateral ties in banking sector, as well as industrial projects and joint investments.

The trade turnover between the two countries was around $700 million in 2013.

Kazakh President Nursultan Nazarbayev said at a meeting with his Iranian counterpart Hassan Rouhani in Astana on Sept. 9 that a Kazakh-Iranian trading house is scheduled to be opened in Kazakhstan.

Edited by CN

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