Tehran opens its doors

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Kazakh-Iranian Business Council strengthens the strategic partnership between the two countries

Business Council of Kazakhstan and Iran was launched in the capital of the Islamic Republic of Iran in Tehran. In October 2015 was signed a memorandum of cooperation of Business Councils of Kazakhstan and Iran, between the Foreign Trade Chamber of Kazakhstan and the Chamber of Commerce and Industry of Iran, within the frames of which FTC of RK acts as the organizer of the meeting of the Business Council on enhancement of trade and economic cooperation.

"In order to enhance the efficiency of the Business councils of our countries, we propose to consider the basic tasks, which accumulate activities of BS, and we want to identify several key areas. This identification of specific opportunities for expansion of cooperation in the field of business, analysis of problems, which are characteristic of bilateral cooperation, development of recommendations for the removal of obstacles, creation of additional opportunities for dialogue and communication between representatives of business circles of our countries.

If we analyze the Iranian market, today there is a demand for a few dozens of goods, which Iran imported in 2014 in the amount of 6 billion US dollars, global export of these goods by Kazakhstan accounts for 1.9 billion US dollars, the export of Kazakhstan to Iran - 498, 5 million US dollars. And now there appear huge opportunities for Kazakhstani businessmen in terms of supply of products to the Iranian market, metallurgy, food and chemical industry, engineering products and construction materials", - said chairman of the Foreign Trade Chamber of Kazakhstan Meirbek Mazhitov, addressing the participants of the Business Council.

There are already first results of bilateral cooperation. With the assistance of the Foreign Trade Chamber of Kazakhstan, Kazakh exporters concluded long-term sales contracts for supply of beef and mutton in the amount of 30 million US dollars. Note that this is the first contract between the two countries after the lifting of sanctions against the Islamic Republic of Iran within the framework of business visit of the Kazakh delegation to Tehran.