Kazakh companies agree to supply products to Iran for $60 million

As part of the trade and economic mission of Kazakhstan in Iran, export contracts were signed for the supply of Kazakh fertilizers, oil and fat products, meat of large and small cattle worth over $60 million to Iran, Report informs via Sputnik-Kazakhstan.

The third trade and economic mission of Kazakhstan in Iran takes place on April 24-26 on the eve of the visit of Prime Minister Alikhan Smailov to Tehran.

According to government data, trade between the two countries in 2022 amounted to $528 million, up 19.8% from 2021.

Kazakh companies are ready to further increase supplies to Iran in the medium term.

Iranian companies showed high interest in Kazakh producers of phosphate fertilizers, ferroalloys, and food products.

During the trade mission, agreements were reached on the further development of mutually beneficial relations.