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Kazakhstan, Iran presidents discuss expansion of trade and investment

Economy Materials 5 June 2025 13:59 (UTC +04:00)
Kazakhstan, Iran presidents discuss expansion of trade and investment
Madina Usmanova
Madina Usmanova
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ASTANA, Kazakhstan, June 5. President of Kazakhstan Kassym-Jomart Tokayev held a telephone conversation with President of Iran Masoud Pezeshkian, Trend reports.

In the course of the telephonic dialogue, Kassym-Jomart Tokayev and Masoud Pezeshkian acknowledged with gratification the robust evolution of Kazakh-Iranian bilateral relations, underpinned by the principles of camaraderie and amicable neighborliness.

The dialogue encompassed the potential avenues for amplifying trade synergies, enhancing economic collaboration, and fostering investment partnerships. In the course of diplomatic negotiations, the heads of state of Kazakhstan and Iran engaged in a mutual exchange of felicitations commemorating the auspicious occasion of Eid al-Adha, a significant observance within the Islamic calendar celebrated by the global Muslim community.

Furthermore, the stakeholders engaged in a dialogue regarding the timeline of forthcoming assemblies.

In the fiscal year 2024, the bilateral trade volume between the two nations escalated to $340 million, reflecting a 12.3 percent uptick relative to the preceding annum.

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