Basic information
Population: 18 million
Religion: Islam, Christianity
Per capita income ($): 13,000
Growth Rate: 7.5%
Inflation rate: 7.4%
Exports to Iran: $ 230 million
Imports from Iran: $ 256 million
The most important export items to Iran are iron, steel, mineral fuels, and grain
The most important items imported from Iran are glass, glassware, all kinds of smelly pistachios, fruit
Major business partners: Italy, Russia, France, China, Germany, Ukraine
The most important natural resources are oil and gas, coal, iron ore, manganese, chromium, lead, zinc, copper
The most important agricultural products are cereals (wheat), cotton, live livestock
The most important industries are tractor and agricultural machinery, electric motors, building materials
There are currently 400 registered Iranian companies in Kazakhstan, of which there are hundreds of thirty companies active. The Iranians have invested more than 100 million dollars in this country.
Among the issues that Iran is interested in dealing with Kazakhstan is the elimination of visa problems because Kazakhstan has 54 countries with a visa waiver; Iran hopes to resolve visa problems soon. Other business needs of the country can be considered with regard to customs tariffs Export of goods to Kazakhstan and currency transfer problems.
Investment Priorities
According to the Kazakh Investment Law, an investor may be exempted from the rights to import equipment, spare parts for investment projects and investment priorities in sectors, according to the list approved by the Government of the Republic of Kazakhstan on May 8, 2003, No. 436.
Government Aid
Government grants include land for buildings, machinery and equipment, computer equipment, measurements and control devices, and equipment, vehicles, with the exception of light truck, industrial and household equipment. Investors should go to the Investment Committee of the Ministry of Industry and Technologies of the Republic of Kazakhstan to sign a contract for government grants. Investment projects to be included in the list of strategic investment projects should generate high value added products, be one of the leading activities or solve one of the following issues:
1) Investment projects should focus on the production of goods in the list of activities for the production of high-tech products. Goods must comply with the 799 list dated June 18, 2012, approved by the Government of the Republic of Kazakhstan.
2) Investment projects should focus on the production of goods in the list of activities for the production of high-tech products. Goods must comply with the 799 list dated June 18, 2012, approved by the Government of the Republic of Kazakhstan. According to tax rules, an investor can benefit from the following tax benefits:
● The cost of designing a set or additional costs for renovation and reconstruction may be deducted up to three years.
● Obtaining tax benefits does not require a contract.
In the meeting of high-ranking officials, 15 documents were signed on the visit of President Dr. Hassan Rouhani to Armenia, Kazakhstan and Kyrgyzstan.
Iran and the Kyrgyz Republic and Kazakhstan have signed five memoranda of understanding and cooperation agreements to develop their relations. The Quarantine Agreement on Animal Welfare, the Agreement on Cooperation in the Caspian Sea, the Memorandum of Understanding Facilitating Mutual Tourist Travel, the Memorandum of Understanding between the Central Bank of Iran and The Kazakh government agreed to work together with a memorandum of understanding on cooperation in the field of work and social security, which was signed in the presence of two presidents.
