News ID: 262500
Published: 0408 GMT December 04, 2019

Iran, Kyrgyzstan discuss expansion of trade ties

Iran, Kyrgyzstan discuss expansion of trade ties

Tehran hosted the 12th Iran-Kyrgyzstan Joint Economic Committee meeting on December 3-4, during which the two sides discussed numerous issues regarding the expansion of trade ties.

The event was co-chaired by Iranian Minister of Roads and Urban Development Mohammad Eslami and Kyrgyzstan’s Minister of Transport and Roads Janat Beishenov, reported.

Speaking at the opening ceremony of the meeting on Tuesday, the Iranian minister underlined the two countries’ long history of good economic relations, saying that holding this joint economic meeting three years after the previous meeting is an indication of the two sides’ determination for boosting trade ties.

As a member of the Eurasian Economic Union (EEU), the trade agreement signed between Iran and Kyrgyzstan can boost relations between Iran and EEU, Eslami added.

Elsewhere in his remarks, Eslami put the annual volume of trade exchanged between Iran and Kyrgyzstan at $44 million.

For his part, Beishenov noted that expansion of economic relations with Iran is a priority for his country, and called for the removal of trade barriers between the two countries.

The minister further criticized the current level of trade between the two countries, saying that the potential of trade between the two sides is much more than the current level.

Beishenov also called for Iranian engineers and experts to take part in various infrastructure projects in Kyrgyzstan.


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