29 Mar 2024
Thursday 20 August 2015 - 11:32
Story Code : 176825

Iran, Kazakhstan discuss launching energy trade zone

Iran, Kazakhstan's provincial officials discussed mutual ties, including establishment of a free trade zone of energy, oil and gas in the Caspian Sea.

Rabi Fallah Jolodar the governor-general of Irans Mazandaran Province and Rakimbek Amirjanov a deputy governor-general of Kazakhstans Mangystau Province have conferred over ways to further develop bilateral ties, Fars News Agency reported August 19.

During the meeting, the two sides focused on the establishment of a free trade zone of energy, oil and gas in the Caspian Sea, a report says. The report didn't give further detailed information about the mentioned free trade zone.

Jolodar also urged the heads of the local companies to enhance relations with their Kazakh counterparts.

According to the report, Amirjanov also noted that launching the Aktau-Sari flight would further facilitate economic cooperation between the two provinces.

Data released by Irans Customs Administration shows last year Iran exported $205.11 million of non-oil goods to Kazakhstan while importing $175.95 million worth non-oil goods.

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