News ID: 262495
Published: 0359 GMT December 04, 2019

Iran-Kazakhstan shipping line laws announced

Iran-Kazakhstan shipping line laws announced

Parliament Speaker Ali Larijani, in a letter to the Iranian President Hassan Rouhani, announced the laws on an agreement on a shipping line between Iran and Kazakhstan in the Caspian Sea.

Accordingly, two laws are announced to the president including the law on establishing a commercial shipping line in the Caspian Sea between Iran and Kazakhstan and also the law to facilitate paperless trade in Asia and Oceania, reported Mehr News Agency.

In mid-November, Iranian lawmakers approved a bill on a commercial shipping agreement in the Caspian Sea between the Islamic Republic of Iran and Republic of Kazakhstan.

Abdollah Ja’fari, the international agreements director of the Ports and Maritime Organization (PMO), stated that Iran proposed the commercial shipping agreement to four countries of Kazakhstan, Russia, Azerbaijan, and Turkmenistan for the first time in 2015.

The said agreement was finalized between Iran and Kazakhstan in 2017 and was approved by Kazakhstan.

Ja’fari added that Iran and Kazakhstan signed this agreement with an eye to expanding relations between the two countries in the field of maritime transport in the Caspian Sea.

He expressed that paving the ground for effective use of the ports of the Caspian Sea, providing safety and security in the Caspian Sea for ships, crew, cargo, and passengers, and protecting the environment of the Caspian Sea are included in the agreement.

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