Iran’s Foreign Minister Highlights Private Sector Opportunities to Boost Economic Relations with Kazakhstan
In a recent dialogue focused on enhancing economic cooperation, Iranian Minister of Foreign Affairs Abbas Araghchi met with Kazakhstan’s Deputy Foreign Minister Alibek Bakayev. This meeting underscored the potential of leveraging existing capacities, particularly from the private sectors of both nations, to foster stronger economic ties.
During the meeting, Araghchi emphasized several key points regarding the collaborative relationship between Iran and Kazakhstan:
- The Role of the Private Sector: Araghchi noted that the private sector can significantly contribute to expanding the commercial relations between the two countries.
- Importance of Multilateral Cooperation: He highlighted the necessity of multilateral and regional frameworks to enhance economic and commercial partnerships.
- Call to Action: Araghchi urged member states of the Economic Cooperation Organization (ECO) to utilize its resources to foster interactions and collaborations.
On the other hand, Bakayev expressed Kazakhstan’s dedication to reinforcing its relations with Iran across various sectors. He also appreciated Iran for hosting the ECO Foreign Ministers’ meeting in Tehran, hoping that such gatherings would effectively bolster trade relations among member states.
As both nations strive to enhance their economic cooperation, the potential for growth through collaborative efforts remains promising.
