Iran preparing to forge new economic alliances with neighbors, says president

October 12, 2024 - 20:29

TEHRAN – Iranian President Masoud Pezeshkian has announced that significant agreements related to energy, transportation, and regional cooperation are nearing completion.

His remarks came following a diplomatic mission to Turkmenistan, where he underscored the cultural and economic significance of the visit.

Pezeshkian emphasized fruitful discussions held with Turkmenistan's leadership, highlighting the imminent finalization and signing of agreements during an upcoming economic working group in Tehran next month. These agreements aim to bolster cooperation across vital infrastructure and economic sectors between the nations.

Additionally, the president detailed talks with Russian counterpart Vladimir Putin, focusing on accelerating joint projects in energy, railways, desalination systems, and petrochemicals. Discussions also encompassed regional developments, with a call for heightened regional cooperation among neighboring countries to foster connectivity.

Highlighting further diplomatic engagements, Pezeshkian noted meetings with the presidents of Turkmenistan and Uzbekistan, where plans were made for joint working groups to convene in Iran. 

These groups will focus on increasing regional cooperation and enhancing economic ties. This collaboration, according to Iranian officials, could help mitigate the effects of ongoing international sanctions on Iran.

These initiatives are also poised to strengthen regional ties and enhance economic collaboration, offering potential solutions to mitigate the impacts of international sanctions on Iran.

The president expressed optimism that these diplomatic efforts will yield tangible results, reinforcing Iran's connectivity within the region and paving the way for sustained economic growth and stability through strategic partnerships with neighboring countries.