Iran, Kazakhstan aim for USD3B of joint exchange by next 3 y...| MENAFN.COM

Tuesday, 05 July 2022 07:36 GMT

Iran, Kazakhstan aim for USD3B of joint exchange by next 3 years


(MENAFN) An official with Iran’s Trade Promotion Organization (TPO) declared that Iran and Kazakhstan target to achieve the joint exchange of USD3 billion throughout the upcoming three years.

Rahmatollah Khormali, the chief executive of the TPO’s office of Central Asia, Caucasus, and Russia, made the comments in reference to the latest visit to Iran from the leader of Kazakhstan in which nine collaboration MOUs were inked by the two sides.

The official also stated that “According to the goal set by the officials of Iran-Kazakhstan Joint Economic Committee in late February, the value of trade between the two countries will increase to USD3 billion in the next three years, and the export of technical and engineering services is seen in this goal. There is also scope for cooperation in the field of oil.”

Kazakhstan’s Leader Kassym-Jomart Tokayev encountered Iran’s counterpart Ebrahim Raisi in Tehran on Sunday, and nine MOUs were inked in the attendance of the two leaders to grow collaboration in several sectors among the two nations.

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