Iran intends to strengthen its positions in Central Asia

Iran intends to strengthen its positions in Central Asia

Azerbaijan, Baku, March 7 / Trend /

Arzu Naghiyev, Trend expert

One of the major challenges facing Iran which is in international isolation is to overcome the blockade of the country. An important part of this strategy is associated with the development of bilateral relations with its neighbors in Central Asia.

Iran and Central Asia have long been linked by friendship threads. The population and economic potential of Iran is several times greater than the total population and the potential of Central Asia.

Based on economic considerations, Iran seeks to use the Central Asian countries as mediators to access the European market.

In addition, Iran's interests intersect with the interests of both Russia and the Central Asian countries on the shores of the Caspian Sea. Despite wealth hydrocarbon resources in the domestic market, Iran once again feels the lack of and need for them. Oil and gas are mainly exported, but there is no enough power (obsolete, outdated equipment, etc.) and skilled workers for processing. Therefore, Iran spends $3 billion dollars to buy fuel abroad.

Today we can state the positive dynamics of trade and economic and financial relations of Iran with the Central Asian countries, but the best partner and neighbor, rich in energy resources, is Turkmenistan. It is known that the IRI is a major exporter of Turkmen oil, supplying it to the port of Neka.

Iran has several objectives, developing relations with Turkmenistan - to strengthen its positions in Central Asia, use the region's energy resources and take advantage of the favorable geopolitical position of Turkmenistan.

Despite the fact that in 1992 the bilateral trade volume between Iran and Turkmenistan was only $52,000, today this figure reached $2 billion. As a result of cooperation in technical and economic spheres Turkmenistan received construction materials, advanced technologies in the fields of fiber-optic communication, pharmacology, chemical water treatment, etc.

Through the Tedzhent-Sarahs-Mashhad (Bandar Abbas) railway the shortest route, not only for Turkmenistan, but also for Central Asia, China, from the Middle East to the Persian Gulf opens. In the future, India may also take advantage of this route. And the intersection with the Mashhad-Tehran road can provide opportunities to create direct links between Beijing and Tehran via Urumqi and Almaty, and Tashkent.

Through investments of Iranian companies in Tajikistan major economic projects in the construction of power plants, transportation, communications, and agriculture are being carried out. With the participation of Iranian companies construction of Sanqtudin HES-2 and Istiqlol road tunnels is underway.

Despite the fact that the processes around Iran, do not affect seriously economy of Tajikistan, due to the closure of channels of money transfers from Iranian banks, which were carried out mainly by American and European banks reduction of the investment flows from Iran is expected.

In 2011 the trade turnover between the two countries amounted to $204.1 million, and in January, 2012 this figure amounted to approximately $16 million. In 2001, the Iranian side invested $ 14.2 million in Tajikistan.

Iran ranks fourth in the market of Tajikistan in terms of foreign trade turnover. Food products, clothes, cars are imported from Iran, and cotton and fiber are exported.

But at the same time, Iran faces several challenges in its relations with other countries of Central Asia. Thus, Kazakhstan favors the pro-Western and pro-Russian policy and pays great attention to China's economy.

The main reason for the fact that Uzbekistan eschews establishing ties with Iran is the Islamic radicalism policy pursued by Tehran.

In 2011 the trade turnover between Tehran and Astana was $1.3 billion, Tashkent - $609 million Kyrgyzstan- $17 million. The turnover with all three countries consists mainly of trade in consumer goods, confectionery, carpets, clothing, building materials, agricultural products, as well as trucking, construction of roads, houses and mediation services.

Subscribe to Trend in Google News! Subscribe
Number of COVID-19 cases worldwide exceeds 350 mln
Number of COVID-19 cases worldwide exceeds 350 mln
Airbus to create own airline to rent out whale plane
Airbus to create own airline to rent out whale plane
Pfizer, BioNTech start clinical trial of Omicron-specific COVID-19 vaccine
Pfizer, BioNTech start clinical trial of Omicron-specific COVID-19 vaccine
Loading Bars
Over 10 mln children in U.S. infected with COVID-19
Number of COVID-19 cases worldwide exceeds 350 mln
Qatar's emir to visit Washington on Jan. 31
Airbus to create own airline to rent out whale plane
Closure of Istanbul Airport extended
White House says Biden is open to engaging with Putin but no talks are planned
Kazakhstan unveils foreign trade structure with EAEU countries for 11M2021
Israel's president says to make "historic visit" to UAE
Uzbekistan sets up government commission to study major power outage
IMF downgrades 2022 global growth forecast to 4.4 pct amid Omicron surge
Turkey starts giving Turkovac as booster shot to BioNTech recipients
Azerbaijan, Iran discuss prospects for development of military cooperation (PHOTO)
Azerbaijan Defense Minister meets with Chief of General Staff of Armed Forces of Iran (PHOTO)
Pfizer, BioNTech start clinical trial of Omicron-specific COVID-19 vaccine
Number of infections with Omicron COVID-19 strain keeps growing in Azerbaijan
Azerbaijan's servicemen honor memory of martyrs in Dashalty village of liberated Shusha - Trend TV (PHOTO/VIDEO)
Embassy of India in Baku celebrates National Tourism Day as part of 73rd Republic Day of India and 75 years of India’s Independence (PHOTO)
Bridge construction over Astarachay River to be funded by Iran and Azerbaijan - Iranian minister
Iran's foreign trade increases
New bridge construction over Astarachay River to promote freight traffic growth
Hopefully, number of Azerbaijani tourists to India increases - ambassador (PHOTO)
Central Bank of Azerbaijan, SOFAZ hold foreign currency auction
Natural gas, coal prices to remain high in coming months
Foundation stone laid for monument to Uzeyir Hajibeyov in St. Petersburg
Turkmenistan boosts trade with Kazakhstan over 11M2021
Tajikistan ratifies railway transport agreement with Turkmenistan
Price indexes of financial, industrial sectors at Uzbek stock exchange rise
Russia’s Kamaz-Leasing company opens representative office in Azerbaijan
Supply of electricity all across Kazakhstan completely resumed - gov't
Azerbaijan's Azer Turk Bank discloses volume of public deposits for 2021
Azerbaijani commandos hold training exercises (PHOTO/VIDEO)
Uzbekistan sees increase in volume of cotton fiber produced
Azerbaijan shares data on number of vaccinated citizens
Azerbaijan's Alat port receives first container train from Uzbekistan
Iran's minister of industry confirms low quality of domestic cars
Azerbaijan confirms 2,468 more COVID-19 cases, 5,197 recoveries
Foundation of new road bridge across Astarachay River laid between Iran and Azerbaijan (PHOTO)
Big rise in prices negatively affects Kazakh economy - National Bank
World Bank Lauds India's Covid Vaccination efforts but says reaching next billion 'could be challenging'
Azerbaijan names vaccines delivered under COVAX initiative in 2021
Azerbaijan's Central Bank to auction its short-term notes
Uzbekistan restores electricity supply in number of its regions
Missing World War II aircraft found in India after 77 years
Iran approves creation of national cryptocurrency
Navy holds high level meeting on creation of Maritime Theatre Command
Azerbaijan's Azer Turk Bank announces net profit for 2021
Food-processing enterprises may be built on Azerbaijan's liberated lands - deputy minister
Turkey records increase in export of ready-made clothing to Azerbaijan
Turkey’s export of steel to Azerbaijan up
Azerbaijan sees rise in domestic money supply for 2021
India Inc proposes additional 1% CSR levy for booster shots
Azerbaijan to get another batch of Sputnik V vaccine against COVID-19 in 2022
Women interested in creating business on Azerbaijani liberated lands - agency
Construction costs in Georgia's Tbilisi increase
Azerbaijan, WB discuss ways to use wind energy potential of Caspian Sea (PHOTO)
Turkmengaz opens tender to buy plant equipment
Azerbaijan Children Hotline released its report for 2021 (PHOTO)
European Commission to support agriculture reform, transition to green economy in Uzbekistan
President of Azerbaijan Ilham Aliyev calls President of Ukraine
SOCAR Turkey talks on integration of innovation solutions at STAR Refinery
Pfizer and BioNTech launch trial of Omicron-targeted COVID vaccine
French online newspaper renews interface (PHOTO)
Timing of Azerbaijan-Iran intergovernmental commission's next meeting revealed
Demarcation of Armenia-Azerbaijan border to make sure no armed incidents happen - ex-CSTO Sec-Gen
Head of Development Bank of Kazakhstan dismissed
All Baku-Istanbul and Istanbul-Baku flights of AZAL postponed
J&J expects up to $3.5 bln in COVID vaccine sales this year
Iran to contribute to reconstruction of liberated territories of Azerbaijan - Iranian minister
SOCAR AQS, Iraq's IDC mull opportunities for co-op in drilling
Azerbaijan names timeframe of commissioning new bridge on border with Iran
Iran aiming to boost exports of fish products to South East Asian countries
I do hope that post-war period will open new opportunities for whole region - President Ilham Aliyev
Iranian company may become resident of industrial park in Azerbaijan - deputy PM
Abu Dhabi's Chimera closes second venture capital fund at $10 bln
Confident that Iranian companies will begin to work actively in liberated lands in near future - President Ilham Aliyev
Positive trend noted in enhancement of tax administration in Azerbaijan – minister
Georgia's giant auto dealer expanding South-West, opens branches in Ukraine, UAE
Istanbul's third airport suspends its work until January 26 - Turkish Airlines
Azerbaijan Army’s Engineering Troops continue activities on clearing roads of snow - MoD (VIDEO)
Turkmen tomatoes gaining share in foreign markets
Russia records over 67,800 COVID-19 cases in last 24 hours
Azerbaijan completing work on first "smart village" in Zangilan district
Azerbaijan, Iran may simplify border crossing procedure - minister
Azerbaijan talks results of flour, bread price monitorings
Azerbaijan, Iran sign protocol on construction of new bridge over Astarachay River (PHOTO)
New bridge over Astrachay River on Azerbaijan-Iran border to be built
‘Nar’ takes the title of Azerbaijan champion (PHOTO)
SOCAR Turkey names new target markets for Petkim’s products
Turkey reports rise in leather exports to Azerbaijan for 2021
SOCAR Turkey working on improving STAR-Petkim integration
Kazakhstan Electricity Grid Operating Company turns on all "North-East-South of Kazakhstan" transmission lines
Uzbekistan resumes operation of its airports
Karabakh to become most beautiful region of Azerbaijan soon – deputy PM
President Ilham Aliyev presents Istiglal Order to Chairperson of Organization of Veterans of War, Labor and Armed Forces of Azerbaijan (PHOTO/VIDEO)
Uzbekistan begins to restore electricity supply following power outages
Turkmen agriculture ministry opens tender for supplier selection
Turkey's chemical exports to Azerbaijan increase in 2021
President of Azerbaijan Ilham Aliyev holds videoconference meeting with Iranian minister (PHOTO/VIDEO)
Azerbaijani oil prices decline
Israeli envoy recalls key role of India in WW-I
All news