TEHRAN- Iran exported products valued at $95.322 million to Kyrgyzstan in the first 10 months of the present Iranian calendar year (March 20, 2024-January 19, 2025), the representative for the Trade Development Committee of your house of Industry, Mining, and Trade announced.Ruhollah Latifi put the weight of Irans 10-month export to Kyrgyzstan at 49,400 tons.In late January, the head of Irans Trade Promotion Organization (TPO) highlighted the need to enhance trade between Iran and Kyrgyzstan throughout a meeting with Kyrgyzstans ambassador to Iran, worrying the significance of cultivating connections in between businesspeople and financial players from both nations, consisting of greater participation in each others trade exhibitions.Mohammad Ali Dehghan Dehnavi, the head of TPO, consulted with Kyrgyz Ambassador Turdakun Sydykov and highlighted Irans role in the Eurasian Economic Union (EAEU), mentioning that Iran has recently become an observer member of the bloc, and the free trade contract with the EAEU has actually been authorized by the Iranian parliament.He kept in mind that trade between Iran and Kyrgyzstan has the possible to increase, including, Trade is a two-way street, and we seek to expand business exchanges with Kyrgyzstan in both exports and imports.
Dehnavi highlighted the value of enhancing connections between business communities in both countries and encouraged more active involvement in trade exhibitions.
He likewise invited Kyrgyz traders and business agents to participate in the Iran Expo, set up for spring.Ambassador Sydykov explained Iran-Kyrgyzstan relations as strong and revealed interest in taking more actions to improve trade ties.
He likewise kept in mind that Kyrgyzstan was among the very first countries to welcome Irans observer subscription in the EAEU, stating that this advancement would certainly lead to an increase in trade volume between the two nations.Sydykov required higher cooperation in between Iran and Kyrgyzstan in leveraging trade opportunities at exhibitions and economic events.Irans trade volume with Kyrgyzstan in the first nine months of the Iranian fiscal year 1403 (March 20December 21, 2024) reached $86 million in exports and $2.0 million in imports.MA