Export from Iran to Kazakhstan drops 12% in 3 months yr/yr

INSUBCONTINENT EXCLUSIVE:
21), from the first quarter of the previous year, the spokesman of Islamic Republic of Iran Customs Administration (IRICA)
announced.Ruhollah Latifi said that Iran exported commodities worth $34 million to Kazakhstan in the three-month period.As the official has
previously announced, the value of trade between Iran and Kazakhstan rose 29 percent in the past Iranian calendar year 1400 (ended on March
20), from its previous year.Latifi has put the annual trade between the two countries at 729,000 tons valued at $265.2 million, with 71
percent growth in value and weight, respectively, in the past year, the IRICA spokesman further stated.He named agricultural, livestock and
food products, construction materials, home appliances, oil products, electronic appliances, industrial machinery, bags, shoes and clothing,
minerals and agricultural machinery as the major products Iran exported to Kazakhstan and basic goods, road tractors, and industrial
machinery as the major items Iran imported from that country in the previous year.Active economic diplomacy, trade development,
strengthening of shipping lines and benefitting from railway capacities along with transit benefits can lead to the development of economic
of $3 billion by the next three years.He made the remarks referring to the trip of the president of Kazakhstan to Iran on June 19 in which
in late February, the value of trade between the two countries will increase to $3 billion in the next three years, and the export of
technical and engineering services is seen in this goal
in different areas between the two countries.In the same day, Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) hosted an
Minister of Trade and Integration Bakhyt Sultanov.Addressing the gathering, the ICCIMA head referring to the importance of Kazakhstan as a
Central Asian country in Iran's foreign policy, said: "Given the resources and capabilities of the two countries in areas such as oil and
gas, shipping in the Caspian Sea, petrochemicals, agriculture, metals and minerals, chemicals, animal husbandry, construction materials,
pharmacy, technical and engineering services, development of relations with the Republic of Kazakhstan has a special significance for
Iran.Kazakhstan's active participation in world trade and membership in the Eurasian Economic Union (EAEU) and the Shanghai Cooperation
Organization (SCO) has already enhanced the potential for trade relations between the two countries, Shafeie noted while complaining that
unfortunately, despite these potentials, the trade relations between the two countries is still low.He then called for operational steps,
is a very important trade partner for Kazakhstan, said: "The peak of trade relations between the two countries was reached in 2016, when the
worth of trade reached one billion dollars
But in 2020, due to some events, including the coronavirus outbreak, trade between the two countries fell by a quarter to about $238
million
stated.Saying that in the first quarter of this year, the trade between the two countries grew by 43 percent, and 70 percent of Kazakh
companies export their products to Iran, the official added: "We can expand our relations and reach $3 billion value of bilateral