News ID: 317205
Published: 0328 GMT October 18, 2021

SCO member states to benefit from Iran membership: Kazakh envoy

SCO member states to benefit from Iran membership: Kazakh envoy

The Kazakh ambassador to Tehran described Iran as an economically strong country and said, "Iran's membership in the Shanghai Cooperation Organization (SCO) is very valuable for other SCO member states and will certainly be useful in trade exchanges and cooperation in economic projects."

Talking to IRNA on Monday, Askhat Orazbay said Iran was one of the first countries to recognize Kazakhstan after the dissolution of the Soviet Union and the declaration of independence.

Referring to the upcoming meeting of SCO which will be held in Kazakhstan next month, Orazbay said, "Iranian first vice president has been invited to Nur-Sultan meeting."

There are two main problems of COVID and sanctions on trade between the two countries, he said adding that despite these obstacles, our trade with Iran is increasing day by day.

Although the annual trade between the two countries stands at $230 million, this amount is very small considering the capacity of both countries, Orazbay added.

“Sanctions have affected trade. However, we can trade some goods, such as agricultural products,” the envoy said.

The Kazakh diplomat noted that due to the coronavirus, the number of flights was low, which will gradually increase through curbing the pandemic.


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