Development of Iran's mining cooperation with Eurasia
Kazakhstan is the second most economically powerful country in the Eurasian region and has a long history in the field of mining. Kazakhstan is known as the Mendeleev Table; This means that it is a mineral and rich country. In fact, it is a virgin country in the field of mining, which supports investors and does not hinder their presence.
According to the Iran International Stone Exhibition, a memorandum of cooperation was recently signed between the Iran Mining House and the Iran-Kazakhstan Joint Chamber of Commerce. This memorandum was signed in order to help the presence of economic activists in the field of mining in Kazakhstan, increase the export of Iranian mineral products to this country, facilitate investment and export of technical-engineering services of the country's mining and mining industries.
In a video released by the Iran Mining House, Mohammad Reza Bahraman, head of the Iran Mining House, explained why the memorandum was signed, saying that the joint rooms could be a communication tunnel between mining activists and target countries. "Kazakhstan has a special mining capacity and long experience in the mining sector," he said. It is also attractive to us because it has a special feature in the field of geology, exploration and markets. Samat newspaper talked about the importance of this memorandum for the country's mining economic activists with Amir Abedi, chairman of the Iran-Kazakhstan Joint Chamber of Commerce, which you can read below.
A memorandum of cooperation was recently signed between the Iran Mining House and the Iran-Kazakhstan Joint Chamber of Commerce. What is on the agenda of this memorandum?
It has been suggested that cooperation between Iran and Kazakhstan be established to establish specialized committees, offices and commissions. The Iran-Kazakhstan Joint Chamber of Commerce seeks to create the conditions for the presence of Iranian private sector stakeholders and investors in the Kazakh market, in exchange for drawing the attention of the country's activists to the Iranian mineral market. To expand relations between economic actors in both countries, we have used local trusted advisors to take steps to develop mining trade and foreign investment. Thus, this memorandum has been concluded in order to support economic actors and with the aim of facilitating investment and introduction of mineral products, export of technical-engineering services in the field of mining, familiarity with projects and tenders and finally development of mining trade between the two countries.
What is the significance of this memorandum for the mining sector?
Kazakhstan is the second most economically powerful country in the Eurasian region and has a long history in the field of mining. Kazakhstan is known as the Mendeleev Table; This means that it is a mineral and rich country. In fact, it is a virgin country in the field of mining, which supports investors and does not hinder their presence. In this way, we promise mining enthusiasts that they can build consortia and multinational corporations to create a sustainable value chain for mining. We seek to know the mineral potential of this country. The memorandum could be the first step for Iran's presence in the Eurasian region with the aim of developing mining cooperation. By cooperating with this country, it is possible to use the good capacity of the Eurasian member countries and provide the opportunity for the presence of economic actors in the mining sector in this region of the world.
Given Kazakhstan's history of mining, why has no such cooperation been established so far?
It is a matter of trusting the private sector and creating opportunities for it. In fact, we will see better results if governments give them confidence and power in the private sector. Given the regional developments and the prevailing atmosphere, today a window has opened to increase the agreement and accelerate the development of regional trade that should be used. Given the country's potential in the private sector, which has many investors and miners, the Mining House and the Iran-Kazakhstan Joint Chamber seek to familiarize the sector with the Eurasian region, and in particular with Kazakhstan. Another issue is the feeling of insecurity in the international arena on the part of the private sector. Definitely, the lack of banking transactions and guarantees has been a serious obstacle to the development of joint ventures and regional and international trade in the mining sector. Although banking is difficult in the current situation, let us not forget that this does not mean the failure of Iran's economic activities. Iran has shown that even under sanctions, it has been able to improve its relations with some countries and find ways in which mining activists can grow; Therefore, given the good conditions that exist in the countries of the Eurasian region, it should be used effectively.
What role should the government play in developing cooperation?
The atmosphere of foreign investment is formed by creating cooperation and trust between governments and good relations and mutual respect for the laws of other countries; Therefore, it is the duty of the government to improve the international, regional contexts and business environment in such a way that cross-border business activities flourish. Since economic development and regional security depend on joint and sustainable investment, the government must move in this direction. Iran can definitely take advantage of investment opportunities in countries like Kazakhstan and learn from them. The important thing is that Kazakhstan ranks 25th in the business environment, while Iran ranks 121st in this index, which indicates that the country is well prepared for economic activity, while our situation is not very favorable. In this way, we must move to facilitate business conditions and help the private sector thrive. We hope that this memorandum will be a window to reach this path and we will see more economic cooperation between Iran and Kazakhstan in the future.
