Minister: Iran, Kyrgyzstan to Boost Trade Exchanges to $500mln
Iranian Minister of Industry, Mining and Trade Reza Rahmani announced that Tehran and Bishkek have decided to increase the value of their trade exchanges up to $500mln.
Rahmani said on Wednesday that economic exchanges between Iran and Kyrgyzstan would soon increase to nearly $500 million, up from a meager figure of $40 million that exists currently.
Speaking to reporters after a meeting with Kyrgyzstan’s minister of economy Sanjar Mukanbetov in Tehran, he said that trade between the two would further surge in the years to come.
Rahmani said the two countries have agreed on efforts that would facilitate the trade schemes, including the launch of direct flights and easing visa restrictions for economic delegations.
He said Iranian manufacturers have declared plans for investment in Kyrgyzstan as they seek to have more access to the markets in the Central Asia region.
Iran and Kyrgyzstan enjoy a long record of cooperation and friendly ties.
Iranian President Hassan Rouhani, in a message to his Kyrgyz counterpart Sooronbay Jeenbekov, in September voiced hope that bilateral ties between Tehran and Bishkek would grow further and deeper.
Rouhani forwarded a message of felicitations to his Kyrgyz counterpart offering congratulations on the anniversary of the Independence Day of the Central Asian country.
He expressed his hope that the good relations between Tehran and Bishkek continue to grow and further expand and deepen in all political, economic and cultural areas.
source: Fars News
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
Sierra Leone woos miners to clean energy with $11 billion plan
Alrosa plans production cuts and staff reduction for 2025
Chile’s rare salt flat fish face threat from lithium mining project
Endeavour Silver raises $73m for Pitarrilla project
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
Iran Alloy Steel Company intends to purchase 150 tons of Low-Carbon Ferro Manganese through public tender
Sierra Leone woos miners to clean energy with $11 billion plan
Alrosa plans production cuts and staff reduction for 2025
Chile’s rare salt flat fish face threat from lithium mining project
Endeavour Silver raises $73m for Pitarrilla project
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
