Iran to participate in Kazakhstan’s renewable energy projects

December 13, 2016 - 9:44

TEHRAN – Iran is going to participate in construction of renewable energy plants in Kazakhstan and the two countries are expected to sign a memorandum of understanding in this regard, Shana quoted a Kazakh official as saying on Sunday.

Kazakhstan’s Minister of Investments and Development Kassymbek Zhenis Mahmudovich made the remarks on the sidelines of the 15th session of the Iran-Kazakhstan joint commission of economic, trade, scientific, technological and cultural cooperation in Tehran.
According to the official the deal will be the first energy related agreement between the two countries and the plants will be constructed in the southern provinces of Kazakhstan.
In the 15th Iran-Kazakhstan joint commission of economic, trade, scientific, technological and cultural cooperation, a 58-article agreement was signed which covers cooperation in a variety of areas including customs, finance and banking, agriculture, water, transport, aviation, communications, petrochemicals, culture, tourism, health, science, technology and mining.
In the meeting, Mahmudovich noted that the main goal of the 15th session was to review the upcoming agreements that will be signed during Iranian president’s visit to Kazakhstan and the energy deal will be one of them.
Heading a high ranking trade delegation, Iranian President Hassan Rouhani will visit Kazakhstan next week to explore avenues of economic cooperation and expand ties.

EF/MA

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