Iran, Kazakhstan ink agreements for joint terminal at Shahid Rajaee Port

Iran and Kazakhstan have eagreements to establish a joint terminal at Iran's Shahid Rajaee Port in Bandar Abbas, Kazakhstan's consul in Hormozgan Province said on Wednesday, November 11.

Dauyrbek Duisbay said that the terminal would provide port handling arrangements and facilities for traders and investors from both countries and that Kazakhstan's private sector was ready to participate in port investment projects at the facility.

Duisbay also said the two countries were working towards annual bilateral trade of US$3 billion. Kazakhstan's government put bilateral trade at US$430.2 million in 2025, an increase of 26.4 per cent.

In June, the two sides signed a build-operate-transfer agreement in Tehran allocating land at Shahid Rajaee for a Kazakh transport and logistics terminal. The Kazakh Government said the contract will run for 27 years, with a two-year construction phase followed by 25 years of operation. Commercial operations are planned for the third year.