PTA between Iran, Uzbekistan to Be Finalized Soon: Industry Minister


TEHRAN (Tasnim) – Talks are underway between Iran and Uzbekistan on the a Preferential Trade Agreement (PTA), details of which will be finalized in coming weeks.

Iran’s Minister of Industry, Mine and Trade Abbas Aliabadi made the remarks in the meeting of the Iran-Uzbekistan Joint Economic Cooperation Commission on Saturday.

He said a list of items has been provided within the framework of the PTA and officials of the two countries are going to agree on the provision of the agreement.

The industry minister also said documents on the development of bilateral trade ties will be signed in the presence of the presidents of the two countries tomorrow.

In the field of customs cooperation, infrastructural rules should be provided, so that the two countries would establish more joint trade activities, Aliabadi emphasized.

Accelerating the provision of these infrastructures can help promote bilateral trade between Iran and Uzbekistan, he concluded.