Trade turnover between Kyrgyzstan and Iran makes only $ 22 mln – Iranian Ambassador

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Bishkek, Jan. 16, 2018. / Kabar/. To date, the volume of trade between Kyrgyzstan and the Islamic Republic of Iran makes only $ 22-23 million a year, but the parties express interest in strengthening economic relations, Ambassador of the Islamic Republic of Iran to the Kyrgyz Republic Ali Mojtaba Ruzbehani told journalists in Bishkek.

The head of the diplomatic mission held a meeting with representatives of the Kyrgyz media on the occasion of the 25th anniversary of the establishment of bilateral relations between the states and answered questions of journalists.

He said that over the past four years there has been a decline in trade between the countries, but this situation received a new impetus last year.

"There has been some recovery in economic relations since last year, but it's too early to rejoice. The presidents of the two countries gave instructions to the relevant departments to increase the turnover. In this regard, some barriers have been removed. The Kyrgyz side abolished the procedure for obtaining a visa, which increased the flow of tourists from Iran and aroused the interest of our businessmen to visit Kyrgyzstan," the ambassador said.

He also noted that banking cooperation between the two countries gives hope for an increase in the volume of trade.

"If the banking cooperation is resumed, it will increase the trade turnover between the two countries. Last year, we held a series of events, during which we urged our big businessmen to study the investment opportunities of Kyrgyzstan. They participated in different business areas, and they saw certain prospects," the ambassador said.

But, the diplomat stressed that Iranian businessmen were confused by two issues: the difficulty for carrying out banking operations and the problem of purchasing goods from Kyrgyzstan. In this regard, the ambassador said, the government of Iran issued a resolution on optimizing the purchase of goods from Kyrgyzstan.

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