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News ID: 73879
Publish Date : 14 December 2019 - 21:45

Five-State Transit Corridor to Spur Regional Trade Ties: Iranian Minister

TEHRAN (IFP) - Iran’s Minister of Industry, Mine and Trade Reza Rahmani has expressed the country’s resolve to carry out a joint project on a transportation corridor with Kazakhstan, Uzbekistan, Turkmenistan and Oman.
Speaking at the 13th meeting of Iran-Uzbekistan Joint Commission of Economic Cooperation, held in Tashkent, Rahmani said Iran favors the project on a five-party transportation corridor with Kazakhstan, Uzbekistan, Turkmenistan and Oman, and will seriously pursue the plan.
He also noted that the presence of representative of 50 Iranian companies in the meeting and Iran’s move to hold an exclusive exhibition in Tashkent reveal the significant role of the Joint Commission in promoting trade ties between Iran and Uzbekistan.
The Iranian minister also called for efforts to implement the agreements that Iran and Uzbekistan have signed in the past to enhance cooperation in various sectors, such as business, transportation, encouraging foreign investment, customs issues and tourism industry.
Highlighting the fruitful meetings he held with Uzbekistan’s Deputy Prime Minister Elyor Ganiyev, Rahmani said the two sides have agreed to settle the problems surrounding a series of goods subject to preferential trade tariff and to resolve the problems in the transportation industry.
Iran and Uzbekistan have held constructive talks on plans to facilitate the visa process for the nationals of the two countries, the minister added, stressing the need for more reciprocal visits by business delegations of the two sides and more exclusive exhibitions.
Rahmani further unveiled plans to promote cooperation between Iran and Uzbekistan in various spheres, such as the production of pharmaceuticals and medical equipment, auto parts, construction materials, as well as oil, gas and petrochemical industries.
Highlighting Iran’s perfect position in the region that allows for the shipment of commodities from Uzbekistan, such as cotton and fertilizer, Rahmani said the Islamic Republic of Iran Railways has given good discounts to Uzbekistan.
"Iran expresses readiness to increase transit exchanges, and to facilitate and accelerate the construction of Iran-Afghanistan-Uzbekistan railroad line,” Rahmani added.