Iran, Uzbekistan sign MoU on joint steel, iron projects
Iranian Steel Producers Association (ISPA) and Uzbekistan’s Metallurgy Association signed a memorandum of understanding (MoU) on steel and iron cooperation in Tehran on Tuesday.
The Iranian association hosted the president of Uzbekistan’s Metallurgy Association, accompanied by Iran’s commercial attaché in Tashkent and representatives from the Trade Promotion Organization (TPO), IRNA reported.
The MoU covers a wide range of economic, industrial, and educational areas, the key provisions of which include long-term cooperation in the supply of raw materials and products, exchange of expertise, joint participation in industrial projects, planning and development of specialized training programs across the steel and iron chain through the capacities of the Iran’s National Steel Academy, efforts to expand industrial cooperation, and strengthening positions in regional and global steel markets.
Other areas of cooperation in the agreement include joint events such as conferences, exhibitions, and industrial forums for knowledge exchange; joint studies on decarbonization and energy efficiency in ferrous metallurgy; collaboration in exports and imports of products and the joint promotion of logistics routes; cooperation on data provision and analysis; and joint market research, forecasting, and supply chain studies.
During the meeting, which culminated in the signing of the MoU, the ISPA head, Bahram Sobhani, stressed the readiness of Iranian producers across the iron and steel chain, as well as related engineering companies, to meet the industrial and mining needs of regional countries, particularly Uzbekistan.
He highlighted the capacities of Iran’s steel industry and the association itself.
Gulbahor Taji Mirzayeva, president of the Uzbekistan Metallurgy Association, outlined the potential of her country’s metal industries, including the 17 members of the association. She noted the rapid growth of Uzbekistan’s steel sector and called for the transfer of knowledge and experience from Iranian steelmakers.