President of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) Gholam Hossein Shafei said that promotion of relations with Kyrgyzstan is a main agenda of Iran’s private sector.
Shafei made the remarks in an Iran-Kyrgyzstan Joint Business Forum in Tehran on Sunday which was also participated by his Kyrgyz counterpart Temir Sariyev and Kyrgyzstan’s Ambassador to Iran Tordogan Sedigov and a large number of businesspeople from both sides.
Shafei, however, noted that poor transportation is hampering trade relations between the two countries.
Putting the volume of trade between Iran and Kyrgyzstan at $80 million, he said that the figure does not match the economic potentials of the two countries.
Shafei voiced the readiness of Iran Chamber of Commerce to take further steps to pave the way for more increased trade with Kyrgyzstan, urging the need for both sides to remove the obstacles on the way of trade cooperation.
Kyrgyz businesspeople eye joint investment projects with Iran
Also addressing the business forum, Head of the Kyrgyzstan Chamber of Commerce and Industry, Temir Sariyev, said that Iran has pushed its way out of the pressure of Western sanctions for developing trade ties with the world.
Sariyev said that Kyrgyzstani businesspeople intend to get a better knowledge of Iran’s trade opportunities to find new ways for enhancement of trade cooperation.
Noting that representatives from over 40 Kyrgyz countries are present in the forum, he said that the Kyrgyz businesspersons hope to find Iranian partners in trade and joint investments.
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Speaking in the meantime, Kyrgyzstan’s Ambassador to Iran Tordogan Sedigov said that businesspeople from his country seek to identify Iran’s trade potentials.
The ambassador said that holding this forum is the first step expressing hope that another such forum will be held in his country.
He invited the Iranian companies to visit Kyrgyzstan and launch joint production lines in the country.