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22 December 2019

Iran - Kyrgyzstan MOU

Date: 22 December 2019

In December 2019, a memorandum of understanding (MoU) on economic, commercial, scientific, and cultural cooperation was signed by the Iranian Minister of Road and Urban Development and Kyrgyz counterpart."

The MoU addresses and highlights the capacity of cooperation between Iran and Eurasian Economic. To promote regional interactions, Iran and Kyrgyzstan have also agreed on facilitating visa issuance procedures particularly for businessmen, and on holding international exhibitions, as well as running direct flights between two countries. Furthermore, currently, the preliminary economic agreements between the two states have come into force, which may well be capable of providing the exact legal framework needed for the private sector in order to operate in both countries. Kyrgyzstan has also set a key opportunity for the Islamic Republic of Iran for exporting technical-engineering services to the former, which can come in useful in road construction operations, in particular.

It can be expected, as the countries have established amicable ties with one another, there will likely be no confines to promoting the bilateral relations, which in turn can provide effective ways to bolster economic links in the future, as well.