Iran, Kazakhstan to hold 18th Joint Economic Commission
meeting

The 18th Iran-Kazakhstan Joint Economic Commission meeting
is scheduled to be held on Wednesday in Astana.

Heading a delegation of Iranian business leaders, Javad
Sadatinejad, the Iranian minister of agriculture, has traveled to the Kazakh
capital to attend the 18th Iran-Kazakhstan joint economic commission, the
public relations office of the ministry reported.

Strengthening and expanding mutual cooperation between the
two countries in the fields of agriculture, extraterritorial cultivation,
banking, transportation and transit will be among the major subjects expected
to be discussed in the two-day event.

According to the report, the volume of trade between the two
countries in the first 10 months of 2022 stood at 450 million dollars. Iran’s
exports from to Kazakhstan increased by 26.5% and reached 167 million dollars
while the import from Kazakhstan also saw an increase of 15% and reached 283
million dollars.

Kazakh President, Kassym-Jomart Tokayev, visited Tehran at
the invitation of his Iranian counterpart Ebrahim Raeisi in June, 2022.

Iran and Kazakhstan are both members of the Economic
Cooperation Organization (ECO). This provides a safe trading channel for the
two countries, without worries over the impacts of US sanctions on Iran.