Uzbekistan - Iran: agreements have been reached on further development of cooperation in trade, economic, investment and transport spheres

    International cooperation 25 October 2024 533

    On October 24 of this year, Minister of Investment, Industry and Trade Laziz Kudratov, within the framework of a working visit to Iran, held meetings in Tehran with First Vice President of the Islamic Republic of Iran Mohammad Riza Oref and Minister of Industry, Mines and Trade of Iran Syed Mohammad Atabak.

    During the talks, the parties reviewed the current state of trade and economic cooperation between Uzbekistan and the Islamic Republic of Iran, including the implementation of existing agreements and joint projects, and together outlined priority areas for further cooperation.

    Joint steps have been agreed to increase the volume of mutual trade. Among the key measures is the expansion of business opportunities within the framework of the Preferential Trade Agreement between the two countries.

    Both sides reaffirmed their commitment to deepening bilateral relations, and set the dates for the next 16th meeting of the Intergovernmental Joint Commission between Uzbekistan and Iran, as well as a joint business forum within its framework in the first quarter of 2025.

    Following the talks, a bilateral statement was signed, including agreements reached on the further development of Uzbek-Iranian cooperation in trade, economic, investment and transport spheres.