Iran, Kyrgyzstan explore avenues of co-op in maritime, transit sectors

August 20, 2024 - 13:46

TEHRAN – In an online meeting between Head of Hormozagn Province’s Ports and Maritime Department Hossein Abbas-Nejad and Kyrgyzstan’s Deputy Economy and Commerce Minister Nazarbek Kamaldinovich the two sides discussed ways of expanding cooperation in ports and transit sectors.

As PMO portal reported, the virtual meeting was held at the request of the Ministry of Economy and Commerce of Kyrgyzstan on Monday with the aim of increasing transit cooperation between the two countries.

In this meeting, the parties discussed and exchanged opinions regarding the participation and investment of the private sector of Kyrgyzstan in the infrastructure projects of Iranian ports, especially Shahid Rajaee port.

In this regard, Abbas-Nejad welcomed the presence of the Kyrgyz private sector to establish a logistics center in Shahid Rajaee Port, and it was decided that the issue will be further and more thoroughly discussed and finalized in the near future during the visit of a Kyrgyz technical delegation to Iran.

Kamaldinovich for his part expressed Kyrgyzstan’s readiness to send a specialized delegation to Iran, and called on the Iranian side to speed up and facilitate the process of the presence of Kyrgyz investors and their participation in the infrastructure projects of Shahid Rajaee port with the aim of facilitating the transit of Kyrgyz goods from the territory of Iran.

Back in July, Iran's PMO and the National Investments Agency of Kyrgyzstan agreed on a memorandum of understanding (MOU) for the development of the southern ports of Iran.

The MOU was agreed upon also during an online meeting between the officials of the two countries.

In the virtual meeting, the two sides reviewed and approved the contents of the MOU regarding the participation of Kyrgyzstan's private sector in the southern ports of Iran.

The draft of the aforementioned MOU was decided to be signed by the parties during the visit of Kyrgyzstan's delegation to Tehran shortly.

EF/MA