Updated

Kazakhstan's consul in Hormozgan said on November 11 that a joint Iran-Kazakhstan terminal is planned at Shahid Rajaee Port in Hormozgan. He said agreements had been signed to set it up, giving traders and investors of both countries port processes and platforms there. A Kazakh delegation including the director general of the Kazakhstan Trade Development Fund and investors had recently toured the port's capacities and infrastructure. The Tehran Times reported that Kazakhstan gives special attention to Hormozgan's ports. No timeline, funding or construction details were given, and no other outlet has reported the plan. The consul also said about 500 Iranian companies operate in Kazakhstan and that Iranian construction firms and building material suppliers could join its infrastructure projects. The two countries aim to raise bilateral trade to $3 billion a year. He pointed to exchanges of Iranian dates, citrus and rice for Kazakh wheat and barley, and to possible rice farms and greenhouses. A cooperation memorandum between Aktau University and Hormozgan University is being drafted, and a tourism memorandum is to be signed during a planned Hormozgan delegation trip to Kazakhstan.