01-Feb-2025 02:33 PM
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Almaty, Feb 1 (Reporter) The Kazakh authorities are considering the prospects of increasing trade with Iran to $3 billion by offering additional supplies of more than 60 products worth $162 million, the Kazakh Ministry of Trade and Integration said.
Kazakh Trade and Integration Minister Arman Shakkaliyev held a meeting with Mohammad-Ali Dehghan Dehnavi, Deputy Minister of Industry, Mines and Trade and the head of Iran's Trade Promotion Organization, in Almaty late Friday. The parties primarily discussed ways to increase bilateral trade.
"We see great potential in increasing trade with Iran to $3 billion. We are ready to offer over 60 commodity items, including cereals, sunflower oil, meat products and other goods worth $162 million for supplies to the Iranian market," Shakkaliyev said, noting that Iran is a key partner for Kazakhstan in the Middle East.
Trade between the two countries has exceeded $290 million in the first 11 months of 2024, up 8.1% compared to the same period in 2023. Kazakh exports to Iran have also shown an upward trend, with a 29.1% increase, amounting to over $100 million, the ministry said.
The list of main goods that Kazakhstan supplies to Iran includes cereals such as barley, wheat and corn, as well as rapeseed, sunflower oil and meat products like beef, mutton and goat meat...////...