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Diplomat: Iran-Kazakhstan trade volume to reach $13b

Politics Materials 17 June 2011 13:14 (UTC +04:00)
Volume of Tehran-Astana trade can reach as high as USD 13 billion a year from present USD 1.3 billion
Diplomat: Iran-Kazakhstan trade volume to reach $13b

Volume of Tehran-Astana trade can reach as high as USD 13 billion a year from present USD 1.3 billion, reported Irna gouting Kazakhstan's Ambassador to Tehran Baghdad Amriyov as saying on Thursday.

"The potential and capacity of both countries and their high interest and determination for further expansion of relations are to the extent that mutual ties can be upgraded multiple times than the present ones," Amriyov told IRNA after President Mahmoud Ahmadinejad's visit to Kazakhstan to attend the Shanghai Cooperation Organization (SCO) meeting.

"I'm busy drawing up a roadmap for expansion of bilateral relations and I will put it at the disposal of related organs in Iran and Kazakhstan after conducting necessary studies and investigations in that connection," he said.

He noted that transportation is a key factor for expansion of mutual ties and an important topic of discussion between Iranian and Kazakh presidents in Astana recently.

He said the Kazakhstan-Turkmenistan-Iran railway project will have a crucial role in further expansion of commercial and economic relations between the highly important countries of Iran and Kazakhstan.

The project, which serves as a link between Russian and the Persian Gulf states' markets, will greatly benefit Kazakhstan, Turkmenistan and Iran, he added.

The Kazakhstan segment of the project is now completed and the Turkmenistan part too will be over this year, said the diplomat, adding that the Iran part of the project is in the beginning stage, which is hoped to be over soon and be put into operation.

On the SCO, he said the Organization will soon expand once Iran joins its main members.

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