Uzbekistan and Iran discuss expanding trade and economic cooperation

Uzbekistan’s Ambassador to Iran, Fariddin Nasriyev, met with Bahman Abdollahi, Chairman of the Iran Chamber of Cooperatives, the correspondent of the Dunyo news agency reports.

Established in 1994, the Iran Chamber of Cooperatives (ICC) is the highest non-governmental representative body of Iran’s cooperative sector. Around 104,000 cooperatives operate in the country, bringing together more than 18 million members and providing 1.8 million jobs.

During the meeting, the sides discussed expanding bilateral trade, developing investment cooperation between entrepreneurs, and facilitating the exchange of professional experience. They also considered the possibility of arranging a visit by representatives of Iranian business circles to Uzbekistan to explore prospects for joint projects.

The Iranian side noted that the conditions being created in Uzbekistan for business activities contribute to the development of trade and economic cooperation between the two countries.

Particular attention was paid to transport and logistics cooperation. The sides emphasized the importance of exploring opportunities to establish air links, develop alternative transport corridors, and establish direct contacts between relevant government agencies.

The Ambassador of Uzbekistan reaffirmed his interest in further strengthening bilateral relations and his readiness to facilitate the implementation of the initiatives discussed.

Following the talks, the sides agreed to continue working in the identified areas and promote practical results in trade, investment, and transport and logistics.