TEHRAN (Iran News) According to the Mashhad Chamber of Commerce, the delegation—led by Khorasan Razavi Governor Gholamhossein Mozaffari and Mohammadreza Tavakolizadeh, President of the Mashhad Chamber of Commerce—began its visit with several key events. These included the signing of cooperation agreements between Khorasan Razavi and Osh provinces as well as their chambers of commerce, specialized discussions with officials from the Bishkek Free Economic Zone, and official talks with Kyrgyzstan’s Minister of Investment.

A series of meetings, negotiations, and site visits offered a fresh outlook on enhancing trade exchanges, launching joint investment projects, and tapping into the transit potential of both sides—highlighting that Iran–Kyrgyzstan economic relations hold far greater potential than current trade levels reflect.

On the first day of the visit, Mohammadreza Tavakolizadeh and Torud Bayev Kantoro, President of the Osh Chamber of Commerce and Industry, signed an agreement to strengthen private-sector cooperation between the two provinces.

Tavakolizadeh described the agreement as a strategic step toward broader economic, industrial, and investment collaboration. Under its terms, the two sides committed to creating new opportunities in trade, investment, tourism, and academic exchange by harnessing private-sector capacities.

He added that the agreement marks the beginning of a new chapter in economic cooperation between Khorasan Razavi and Osh and could accelerate Iran–Kyrgyzstan trade growth. The chambers pledged to exchange business delegations, facilitate exhibitions and specialized meetings, and support the implementation of joint investment projects.

The two sides will also cooperate regularly in exchanging economic, statistical, and commercial data and will share expertise in trade, customs, transportation, and investment.

On the second day, the Iranian delegation met with officials of the Bishkek Free Economic Zone to examine cooperation mechanisms and identify shared opportunities.

Tavakolizadeh highlighted the zone’s reputation as a prominent free-trade hub in Central Asia, noting its appeal for foreign investors. He said the purpose of the visit was to gain deeper insight into the zone’s legal guarantees, policy framework, and investor incentives.

The delegation’s priorities included assessing procedures for financial transactions, currency transfers, links to international banking networks, the establishment of foreign companies and offices, tax exemptions, and other legal protections available to investors.

Tavakolizadeh expressed hope that the visit would mark “the beginning of strengthened economic relations and increased trade volumes between Iran and Kyrgyzstan.”

During a meeting with Kyrgyz Minister of Investment Almas Bektaev, Khorasan Razavi Governor Gholamhossein Mozaffari outlined the province’s economic strengths. He noted that Khorasan Razavi—with a population of over seven million, several special economic and free trade zones, 43 industrial towns, and more than 6,000 active production units—is one of Iran’s industrial and mining hubs. The province produces more than 30% of Iran’s iron ore.

Mozaffari identified Kyrgyzstan’s strengths in livestock feed production, agriculture, and meat processing, stating that the two countries could build mutually beneficial partnerships based on these complementary advantages.

Iran’s Ambassador to Kyrgyzstan, Gholamhossein Yadegari, highlighted the country’s significant economic growth in recent years, including increases in GDP, foreign trade, and large-scale infrastructure development. He emphasized the need for a greater private-sector role in bilateral cooperation and noted that the presence of 40 Iranian business representatives in the delegation demonstrates readiness for deeper engagement.

Kyrgyz Minister of Investment Almas Bektaev provided an overview of the financial and regulatory responsibilities of his ministry. He said Kyrgyzstan has developed modern financial platforms both domestically and for international transactions.

Bektaev emphasized efforts to establish non-dollar alternatives for trade. Kyrgyzstan has introduced a gold-backed national stablecoin valued at par with the US dollar, alongside alternative systems to SWIFT for financial cooperation with Russia and China. These tools, he said, create new channels for facilitating international payments.

He stated that Kyrgyzstan is prepared to share comprehensive information with the Iranian side on investment opportunities, incentives, legal frameworks, and its new financial systems. He also proposed sending a specialized delegation to Iran to discuss cooperation on modern financial platforms, establishing bank accounts for Iranian businesses, and developing joint payment tools. “Iran–Kyrgyzstan”

Bektaev reaffirmed Kyrgyzstan’s willingness to welcome Iranian investors and ease their entry into the Kyrgyz market.

The meeting concluded with both sides agreeing to pursue further expert-level negotiations on investment cooperation, financial collaboration, transit corridor development, and the expanded role of the private sector.

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TEHRAN (Iran News) –The secretaries of the national security councils of Iran and Kyrgyzstan have raised their objection to the Western interfering policies ‘to impose their own will’ on the region.

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According to reports, concurrent with the visit of Temir Sariev, President of the Chamber of Commerce and Industry of Kyrgyzstan, and his 15-man trade delegation, ICCIMA is to hold the Iran-Kyrgyzstan Business Forum.

The event will be held in Sunday afternoon at the ICCIMA and several B2B meetings between the economic activists of both countries are to be held on the sidelines of the event. The Kyrgyzstan trade delegation is comprised of representatives of 15 businesses

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In the meeting with business activists of the South Khorasan Province at Birjand Chamber of Commerce in Birjand, the capital of the province, Kyrgyz Ambassador Mr. Sydykov said that his embassy is working to attract Iranian tourists and traders as Kyrgyzstan has provided special facilities for visas for Iranian traders upon their arrivals and Iranian citizens can get their visas upon arrival at the Bishkek Airport or get the visas online.

He added that in order to ease the travel of citizens and traders of both countries, the Bishkek-Mashhad flight has been launched for two months a year.

He noted that Kyrgyzstan is a small country with 6 million population which is not attractive for foreign investors but it is a member of several regional or international economic organizations which can offer great opportunities to traders.

Sydykov further said that Kyrgyzstan has been a Eurasian Economic Union (EAEU) since 2016 where Russia, Kazakhstan and Armenia with population over 180m are the other members. He added that in this union, transfer of goods, capitals, work force and services are allowed, it means, the produced goods in Kyrgyzstan can be sold in all EAEU countries without paying and tariff.

He then pointed to Kyrgyzstan’s membership in the WTO and said that this helps Kyrgyzstan sell its goods to China with population over 1.5b as its organic agro products get popular year in year.

He then invited all Iranian economic activists and entrepreneurs to set up joint industrial companies in Kyrgyzstan for selling their final products in the EAEU and EU countries. He went on to say that the trend for foreign investors has been eased in Kyrgyzstan as the country has one forex and free market system and its value added tax is less than 12% and it is lower than other EAEU states.

Sydykov also said that Kyrgyzstan government does its best for supporting foreign investments and its law for supporting the investors has been approved by the parliament. He reiterated that this law provides equal condition for foreign and Kyrgyz nationals for trade, and export of capital is allowed. He stressed that currently there is no hurdle in way of trade cooperation between the two countries and urged South Khorasan Province economic activists and officials to share required information with Kyrgyzstan for future cooperation.

He praised the province and said that during his visits to some active production units, he learned that the province has great potentials. He noted that the province is rich in the field of minerals and the province has great potentials for cooperation especially in the fields of processing industries, agriculture, technology, IT, and announced readiness of his country for cooperation.

He then pointed to the 30th anniversary of diplomatic relation between Iran and Kyrgyzstan and said that presidents of both friendly countries exchanged felicitation messages.

Sydykov went on to say that Kyrgyzstan is jointly with Iran to hold a trade complex, exhibition and market for exporting goods of Kyrgyzstan and expressed hope during this event economic activists of both countries would sign agreements for cooperation and investment.

He then invited South Khorasan traders to attend this event next year for reviewing investment opportunities like inaugurating joint production companies.

He also invited Iranian economic activists to attend a conference on investment opportunities in Afghanistan which will be held next week.

He reiterated that Iranian entrepreneurs were the first who entered Kyrgyzstan market and held some exhibitions in this country and some of them are still active successfully in Kyrgyzstan.

He also said that Kyrgyzstan has good potentials in the field of hydro energy as water is one of the cheapest energies and Kyrgyzstan is cooperating with Afghanistan and Pakistan in transfer of electricity.

Meanwhile in the meeting Head of Birjand Chamber of Commerce Mr. Mohsen Ehtesham announced readiness of the province to dispatch a trade delegation to Kyrgyzstan, adding that Iranian traders have had colorful presence in Kyrgyzstan especially in exporting some products like detergents.

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In the webinar, Head of International Affairs of Iran Chamber of Commerce Mr. Mohammad Reza Karbasi pointed to the importance of signing this MoU and said that although membership in the ECO, EAEU and SCO can be an advantage for developing economic cooperation between Iran and Kyrgyzstan in different fields, there are broad bilateral capacities for cooperation in different fields of trade, services and technical and engineering services and the interest of Iranian economic activists for cooperation with Kyrgyzstan is on the rise.

Then Head of Iran Chamber of Commerce Gholam-Hossein Shafei expressed his satisfaction that after years of waiting the opportunity was provided for signing the MoU for forming the joint commercial committees between the chambers of commerce of the two countries in the form of forum of Economic Day of Kyrgyzstan.

He added that presence of ambassadors of the two countries in this meeting indicates the support of statesmen from the private sectors and tireless efforts of senior officials of the two countries for removal of the existing hurdles and setting the basis of relations based on strong and trustable principles.

Shafei said existence of potential and active grounds for trade, industrial and investment cooperation have created the reasons for closeness and cooperation of the two countries more than ever. He added that formation of the joint commercial committee and holding such forums can have constructive and positive effects like introducing trade opportunities and improving the level of trade and economic ties between the two states.

He deplored that major parts of potentials of the two countries for cooperation have not yet been activated, adding that the trade volume of Iran and Kyrgyzstan was only $18m in 2020 and the figure accounts only for 0.03% of Kyrgyzstan’s total foreign trade and it signals failure in using the existing potentials.

Shafei announced readiness of Iran Chamber of Commerce for boosting and offering practical support for trade exchanges with Kyrgyzstan in different fields like transportation, tourism, health tourism, food industries, agriculture, petchems, mines, auto-making, environment, new technologies, technical and engineering services and construction.

He went on to say that restoring banking relations, increasing the number of direct flights and direct and active talks for removing obstacles for transportation are of the major factors which can facilitate bilateral trade relation between Iran and Kyrgyzstan.

Then Karbasi, for his part, said that there are good capacities for cooperation and the two countries can boost their bilateral trade to over one billion dollars in two or three years period but it needs support of the Kyrgyz statesmen from Iranian economic activists and engineering companies and establishment of this committee can help both countries to boost their bilateral trade to the $1b mark.

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“The international community is still facing the unprecedented challenge of Covid-19 pandemic. For Iran, the challenge has been compounded by a barbaric economic terrorism against the great Iranian nation, a grave crime against humanity”, said Zarif in this meeting while addressing the participants.

He went on to say, “Much as the international community eagerly wants to consign Corona Virus to the dustbin of history, the pandemic has taught us some valuable lessons. We learned that how a health crisis can easily lead to an economic crisis, a humanitarian crisis, an education crisis, a food security crisis, an inequality crisis (to name a few), leaving a disproportionate toll on developing and least developed countries”

“Concurrently, we also learned how a global crisis can unleash the blessings of solidarity among nations. Let me seize this opportunity to value the support the Islamic Republic of Iran received from our brotherly D-8 countries during the time of pandemic and amid unlawful and cruel sanctions”, he added.

“Another lesson we have learned is that enhanced cooperation among countries and regions is the optimal choice should the international community wish to set the stage for shared challenges that loom ahead. Multilateral machineries, including the D-8, provide us with a pool of choices to make”, Zarif also noted.

Elsewhere in his remarks, he said, “Dear Friends, I am not going to elaborate on the shared challenges ahead of us. Rather, I would like to focus on decisive choices we can collectively make within the D-8 existing and potential frameworks for cooperation.”

“This is also very important and pertinent as we are about to finalize the D-8 Decennial Roadmap”, he added.

Regarding the trade issue, the target of 20 percent intra-D8 trade by 2030 will be in our reach if the existing preferential trade agreement along with some supplemented arrangements (in terms of customs, finance and micro-finance, banking, digital capacities, etc.) are implemented, he said and added, “Our governments shall take the role of enabler and our private sectors and SMEs shall be taken on board.”

“Notwithstanding the geographical remoteness of some D-8 countries, D-8 can be an interconnected body of countries. This can be and should be realized in terms of, among others, multi-modal transport and port cooperation; cultural affinity and tourism; and business-to-business connectivity”, he said while speaking about the issue of connectivity.

“We are grateful to the host country for its vigilance to make “harnessing the power of youth and technology” as the theme of this COM and Summit meetings”, he said.

“Our relevant ministers in charge of youth gathered together this week and discussed ways of cooperation on this issue of great importance to our countries”, he added.

Saying that the Islamic Republic of Iran has been active in two D-8 human and technology-related programs, Zarif said, “We are hosting the “D-8 International University” in Hamadan as well as the “D-8 Technology Transfer and Exchange Network” in Tehran. We welcome any idea to enhance these two initiatives.”

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