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Iran, Kazakhstan discuss enhanced economic cooperation

Iran Materials 16 May 2007 17:46 (UTC +04:00)

( IRNA ) - Iran and Kazakhstan in Astana exchanged views on ways to bolster trade and economic cooperation.

Iran's Ambassador to Astana Ramin Mehmanparast met with Kazakh Minister of Industry and Trade Galym Orazbekov.

The Kazakh minister said Iran is among main trade partners of his country.

He added the volume of trade exchanges between the two countries stood at more than three billion dollars in 2006.

He stressed the importance of boosting bilateral cooperation in the fields of oil industry, gas, auto manufacturing, medicines and construction materials and said holding conferences and seminars on investment would be necessary and useful.

Orazbekov stated the third session of Iran-Kazakhstan working group would be held in Astana in August.

Mehmanparast, for his part, welcomed expansion of Iran's trade and economic cooperation with Kazakhstan.

He expressed his country's readiness to export technical and engineering services and implement various projects including road building, power plant, dam construction, oil, gas and petrochemical industries and auto manufacturing.

The volume of trade exchanges ties between Iran and Kazakhstan rose from 700 million dollars to 2.1 billion dollars last year.

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