(MENAFN) Kazakhstan is currently engaged in talks with Iran to increase and enhance economic cooperation plus growing mutual trade to a total of USD1 billion.
Accordingly, six large Iranian industrial holdings held direct talks with Kazakh President and the country's economic ministers on partaking in the Kazakh market.
The president invited Iranian firms to begin operations in Kazakhstan on offshore food production, exploring iron ore and chromite mines, as well as mineral processing.
All in all, both nations have signed nine MoUs on extradition, plant quarantine and protection, technological cooperation, transportation and transit in the Silk Road and investment.
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