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Uzbekistan poised to boost energy ties with Iran

Uzbek 1st Deputy PM Achilbay Ramatov announced his country’s readiness for boosting commercial ties with Iran.

Uzbekistan poised to boost energy ties with Iran


Teheran, 10 April - Neftegaz.RU. Uzbek 1st Deputy Prime Minister Achilbay Ramatov announced his country’s readiness for boosting enrgy ties with Iran. The senior Uzbek official made the remarks during the 12th meeting of Iran-Uzbekistan joint economic committee.

Referring to $325 million Iran-Uzbekistan annual trade, Ramatov lamented that the value does not accord with the 2 countries’ capacities and capabilities. «Uzbekistan is ready to annually import 1 000 000 tons of oil products from Iran and will reach the figure up to 3 000 000 tons in future,» he added.

Iranian Minister of Industry, Mining and Trade Mohammad Shariatmadari, who also attended the committee, named free trade as the factor which facilitates economic and commercial ties with Uzbekistan. He also underscored the vitality of easing common customs ties besides formation of a transportation joint committee.

«Iran is ready to share its experiences in construction of hydro power plants as well as wind and solar farms as well as agricultural machineries, electricity and water distribution networks and modern construction materials with Uzbekistan,» he added.


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