Iran, Uzbekistan Sign Iron, Steel Cooperation Deal
Signing of the Cooperation Deal
Iran and Uzbekistan have formally signed a memorandum of understanding to expand cooperation in the iron and steel sector. The agreement was concluded between the Iranian Steel Producers Association (ISPA) and the Uzbekistan Metallurgy Association during a meeting in Tehran. Senior representatives from both nations emphasized that the deal marks a significant step toward deepening industrial and economic ties.
Scope of Collaboration
The MoU establishes a broad framework for cooperation, including the supply of raw materials and steel products, development of joint industrial projects, and coordination on engineering services. Both sides also plan to engage in shared research and educational initiatives, particularly through Iran’s National Steel Academy. These efforts aim to enhance technical skills and improve efficiency across both countries’ metallurgical industries.
Focus on Decarbonization and Efficiency
A key element of the agreement involves conducting joint studies on decarbonization and energy-efficiency improvements. With global pressure increasing on heavy industries to reduce emissions, Iran and Uzbekistan are seeking modern solutions to make steel production more sustainable. The cooperation also promotes exchanging expertise on advanced processing technologies and environmentally friendly practices.
Trade and Logistics Plans
The two countries intend to expand steel trade flows, with Uzbek companies expected to import around 300,000 tons of Iranian steel this year. Iran, with an annual production capacity of about 50 million tons, has expressed readiness to supply materials and provide technical services for Uzbekistan’s steel development projects. Both sides will also explore logistics routes, supply-chain research, and participation in industrial exhibitions and forums.
Strategic and Regional Implications
This partnership reflects a broader trend of growing economic cooperation between Iran and Uzbekistan, particularly in mining, metals, and industrial sectors. It aligns with a comprehensive cooperation document being prepared by both governments. Additionally, the deal complements recent agreements on rail-transport collaboration among Iran, Uzbekistan, and Turkmenistan, strengthening regional connectivity and industrial integration.
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