25 October 2024

Minister of Investment, Industry and Trade held meetings with First Vice President of Iran and Minister of Industry, Mines and Trade of Iran

On October 24th of this year, Laziz Kudratov, Minister of Investment, Industry and Trade, during a working visit to Iran, held meetings in Tehran with Mohammad Reza Aref, First Vice President of the Islamic Republic of Iran, and Seyed Mohammad Atabak, Minister of Industry, Mines and Trade of the IRI, the press service of the MIIT reports.

During the negotiations, the parties reviewed the current state of trade and economic cooperation between Uzbekistan and the Islamic Republic of Iran, including the implementation of existing agreements and joint projects, and together identified priority areas for further cooperation.

Joint steps were agreed upon to increase the volumes of mutual trade. Among the key measures is the expansion of opportunities for entrepreneurs within the framework of the Preferential Trade Agreement between the two countries.

Both sides reaffirmed their commitment to deepening bilateral relations and determined the dates for the next 16th meeting of the Intergovernmental Joint Commission between Uzbekistan and Iran, as well as a joint business forum within its framework in the first quarter of 2025.

As a result of the negotiations, a bilateral statement was signed, including the agreements reached on the further development of Uzbek-Iranian cooperation in trade, economic, investment, and transport sectors.