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Uzbekistan negotiating on import of Iran's oil products

Oil&Gas Materials 30 January 2019 11:54 (UTC +04:00)

Baku, Azerbaijan, January 30

Trend:

Uzbekistan and Iran are planning to increase the volume of rail freight traffic, including through the sale of petroleum products and textiles, Trend reports via Podrobno.uz.

Recently, representatives of Uzbekistan Railways and delegation of the Iranian railway sector held talks on this issue.

"The parties discussed a wide range of issues regarding the state and prospects of cooperation between the two countries as well as the development of mutually beneficial relations. There were discussions on the issues of creating favorable conditions for transit of goods, the possibilities of new directions and the implementation of import and export of container wagons," Uzbek railways said.

Proposals for the import of petroleum products from Iran to Uzbekistan and on the supply of sulfur produced in Uzbekistan to Iran were on agenda.

"Uzbekistan is a strategically significant and shortest transit region connecting East Asia, in particular, with China. Therefore, further development of reliable partnership and an increase in rail traffic between the two countries is a matter of time. We plan to increase the number of container traffic in this direction. Some 50,000 tons of cargo are planned to be imported from China this year. Negotiations with Kazakhstan and Turkmenistan have already taken place on this issue”, the head of Iranian delegation said.

Moreover, the demand for cotton and Uzbek-made textile products has also increased significantly in Iran.

As a result, protocol of intent was signed.

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