Kazakhstan, the biggest oil producer in central Asia, raised its benchmark interest rate by 2.75 percentage points to 12 percent Tuesday at an emergency meeting and started selling foreign currency to help support the tenge.
A delegation of the Special Economic Zone of the Sea Port Aktau in a meeting with the Qazvin Chamber of Commerce on Wednesday, agreed to implement a joint project of an industrial-commercial complex in the Caspian Sea port city of Aktau in Kazakhstan.
Kazakhstan’s Ambassador to Tehran Askhat Orazbay referred to the capacities of cooperation between the industrial centers in Iran and his country’s Port Aktau, saying that he feels optimistic about further economic ties between the two countries.
A number of Kazakh-Iranian joint projects in Kazakhstan are currently at various stages of implementation, the majority of them accounting for agriculture, a representative of Kazakhstan’s Ministry of Trade and Integration told Trend News Agency.
Kazakhstan Ambassador Askhat Orazbay to Iran said that I am glad to welcome you at our Embassy and thank you for joining press-briefing on the Address to the Nation of the President of the Republic of Kazakhstan Kassym-Jomart Tokayev titled “Constructive public dialogue – the basis of stability and prosperity of Kazakhstan” which was delivered on September 2, 2019 during the joint meeting of both Chambers of our Parliament.
Iran’s Chamber of Commerce, Industries, Mines and Agriculture plans to send an economic delegation to Kazakhstan in November to visit two exhibitions, namely "WorldFood Kazakhstan 2019" and "AgroWorld Kazakhstan 2019."
Iranian Agriculture Minister Mahmoud Hojjati and his Kazakh counterpart Saparkhan Omarov signed a comprehensive agreement to boost bilateral ties in areas of banking, tourism, visa grant, agriculture and medicine.
Iran Minister of Communications and Information Technology Mohammad Javad Azari-Jahromi stressed the importance of creating joint market for Information and Communication Technologies (ICT), saying that Kazakhstan is regarded as a potential gate of the Central Asian market for Iran.