Tehran, Astrakhan to cooperate in shipbuilding
Iranian Ambassador to Russia Kazem Jalali met with Sergey Milushkin, the director-general of Special Economic Zone Lotus in Russia’s Astrakhan on Thursday during which the two sides discussed cooperation in various sectors including manufacturing and overhauling cargo vessels.
As IRNA reported, the meeting was held on the sidelines of Jalali’s visit to the mentioned zone.
Following the meeting, Milushkin said: “We had fruitful negotiations on the construction of ships for Iran [to be used] on the north-south corridor, as well as the participation and investment of Iranian companies in this economic zone.”
The Iranian side is interested in repairing and building ships in this zone and we are ready to cooperate in this field, he stated.
The official also called for the cooperation of Iranian businessmen and companies in the Astrakhan region and said: "[Iranian] Companies can operate here without any restrictions and with special incentives and exemptions."
During the visit to the Lotus SEZ in Astrakhan, Jalali also told IRNA that he visited three major sites in the region, including a safflower processing unit, a factory for the production of infrastructure related to road and airport runways, as well as a huge shipyard for constructing vessels and overhauling them.
“It was also decided that the Russian side would prepare and submit a draft of the facilities that they would grant to the Iranian side, such as bank loans and credit lines for purchasing vessels or establishing joint ventures in the field of shipbuilding,” Jalali said.
During his meeting with Milushkin, Jalali also stressed the need for taking the necessary measures for completing the North-South corridor as soon as possible.
The Russian official for his part, called for the establishment of a single operator among the three countries of Iran, Russia, and India to focus on the issues related to the North-South corridor, and said that in this regard, he will soon have a visit to Iran and then to India.
“If we reach an agreement in 2022, the corridor could be completed a year later,” Milushkin said.
Welcoming the proposals of the Russian side, Jalali emphasized the importance of this corridor and added that many meetings have been held to complete this corridor over the past year.
Source: Tehran Times
Top News
Six last month
Iran Alloy Steel Company intends to purchase 12 tons of ferrotungsten through public tender
Iran Alloy Steel Company intends to purchase 150 tons of Low-Carbon Ferro Manganese through public tender
Gold price faces worst week since 2021 as Fed signals no rate-cut rush
Gold loses some luster after Trump’s decisive win
Iron ore price flirts with key $100/t level on firm demand, China stimulus hopes
Hedge funds slash bullish wagers on gold over Trump election win
Resolute Mining says it will pay Mali $160 million in tax dispute
Families gather at South African mine shaft where hundreds are feared stuck underground
Higher silver supply to reduce global deficit by 4% in 2024
BHP to spend up to $14 billion on Chilean copper expansion
Chile’s rare salt flat fish faces threat from lithium mining project
British Columbia creates new mining ministry to tackle critical minerals amid doubts over capacity
China’s germanium, gallium ban could cost the US $3.4 billion
South Africa police standoff with illegal gold miners escalates
Iran Alloy Steel Company intends to purchase 150 tons of Low-Carbon Ferro Manganese through public tender
Iran Alloy Steel Company intends to purchase 12 tons of ferrotungsten through public tender
Iron ore price flirts with key $100/t level on firm demand, China stimulus hopes
Newmont sells Ontario gold mine to Orla for $850 million
BHP warns Australian mining not ready for low-cost competitors
Iran Alloy Steel Company intends to purchase 12 tons of ferrotungsten through public tender
Iran Alloy Steel Company intends to purchase 150 tons of Low-Carbon Ferro Manganese through public tender
Chile’s rare salt flat fish faces threat from lithium mining project
British Columbia creates new mining ministry to tackle critical minerals amid doubts over capacity
Newmont sells Ontario gold mine to Orla for $850 million
BHP warns Australian mining not ready for low-cost competitors
Resolute Mining says it will pay Mali $160 million in tax dispute
Trump chooses oil fracking boss as energy secretary
Gold loses some luster after Trump’s decisive win
