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President Nursultan Nazarbayev arrives in Iran to take part in the Second Caspian States Summit

President Nazarbayev arrived in Tehran on October 15 to take part in the Second Summit of Caspian Sea Littoral States. After the official meeting ceremony President Nazarbayev and his Iranian counterpart, President Ahmadinejad, held bilateral negotiations.

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The two Presidents expressed their satisfaction with the dynamic development of Kazakhstan-Iran relations and agreed that the two countries managed to establish a stable political dialogue, with growing bilateral trade turnover and strengthening cultural and people-to-people ties.

Iran is an important neighbor and large regional actor. Kazakhstan is interested in developing relations with Iran in a constructive way with respect to the national interests of both states. Today, the two countries closely interact within the framework of the UN, Organization of the Islamic Conference, Shanghai Cooperation Organization, Organization for Economic Cooperation, etc.

The two leaders underscored that their trade-economic and investment cooperation is based on large-scale partnership between Iran and Kazakhstan. They discussed in detail the possibility of broadening further the energy cooperation paying particular attention to continuing the mutually beneficial export of Kazakhstanian oil to Iran.

One of the successful examples of regional cooperation is the project that envisages the construction of a railroad Usen-Gyzylgaia-Bereket-Etrek-Gorgan. Implementing this project will allow Kazakhstan to obtain straight access to the Persian Gulf. The route has 650 kilometers in length and will cross Kazakhstan, Iran and Turkmenistan.

Kazakhstan is also interested in exporting its grain to Iran. Since early 2007 Kazakhstan has exported 187,000 tons of grain to Iran. Kazakhstan is also open for Iranian investors who could finance viable projects in manufacturing, infrastructure, transport, telecommunications, etc. In turn, Kazakhstanian companies are interested in participating the privatization of a number of Iranian industrial enterprises.

“We have established good relations with Iran, signed a number of documents over the years. As a result, the volume of mutual commodity turnover has reached two billion dollars,” President Nazarbayev said at a press briefing after the high-level talks.