Kazakhstan and Iran are interested in increasing the volume of trade

Deputy Prime Minister - Minister of Trade and Integration of Kazakhstan Serik Zhumangarin discussed with Deputy Foreign Minister of Iran Mahdi Safari the possibilities of developing trade and economic cooperation within the framework of the implementation of the agreements reached by the heads of the two states.

The range of issues discussed touched upon a wide range of areas of partnership. Currently, the two countries have a memorandum on the supply of grain crops from Kazakhstan to Iran in the amount of 1 million tons, as well as a memorandum on Kazakh-Iranian cooperation in trade and transit of agricultural products for the supply of grain and oilseeds, vegetable oils, confectionery, meat products from Kazakhstan, and vegetables from Iran, fruits, dairy products.

The main emphasis during the negotiations was placed on the possibility of increasing the volume of trade turnover between Kazakhstan and Iran to $ 3 billion, including in the field of agro–industrial complex - up to $ 1 billion. The negotiations resulted in an agreement that Iranian experts in the field of quarantine and veterinary certificates, headed by the First Deputy Minister of Agriculture of Iran, will visit Kazakhstan in the near future to develop a detailed action plan.

The sides also discussed the possibilities of developing existing container routes in the direction of Iran and transit through this country. Currently, there are three railway routes, favorable tariff conditions have been established for container transportation of goods in the direction of Iran and further to third countries. The parties expressed their intention to increase cargo traffic to 4 million tons per year. Prospects for cooperation in the fields of electricity transit, pharmaceutical industry and medical products, construction materials, as well as the supply of components for power plants were also discussed.