Azerbaijan Eager to Broaden Trade Ties with Iran

In a meeting with Chairman of Tabriz Chamber of Commerce Younes Jael. Huseynov pointed to cultural and trade capacities of Iran and Azerbaijan. and expressed hope that trade between the two countries would increase further.

Noting that the presidents of the two countries have met 12 times in recent years to enhance bilateral relations. the envoy said that both governments have taken effective steps to expand relations. and it is time for the Azeri and Iranian private sector to work together.

Economic cooperation of Iran and Azerbaijan in the private sector should be utilized for the development of relations. Huseynov added.

Jael. for his part in the meeting. said that the economic and commercial capacities of East Azerbaijan province is high. calling for cooperation and synergy of the economic activists of the two countries to exercise a successful and effective presence in third markets.

He called for the creation of preferential tariffs and dispatch of economic and trade delegations to carry out joint venture investment projects as effective measures to expand economic cooperation.

The provincial official also called for successful and effective presence and cooperation of the Iranian and Azeri economic activists in third country as well.

In August. Iran’s President emphasized the need for efforts to exponentially expand the relations and cooperation of Tehran-Baku. saying that the railway project of Rasht-Astara is an important step for the region and securing the interests of the two nations.

In his meeting with visiting Azerbaijani Foreign Minister Elmar Mammadyarov. Rouhani expressed satisfaction with the development of the positive relations and vigor created in the two countries` cooperation. and stated. “The will of the Islamic Republic of Iran`s authorities is to exponentially expand and strengthen all-out ties with the Republic of Azerbaijan.“

Early in July. Iranian and Azeri officials in a meeting conferred on ways to further increase cooperation and reinvigorate relations between the two neighboring states amid the US sanctions against Tehran.

An Iranian parliamentary delegation headed by Qolamreza Tajgardoun met with Azeri Minister of Economic Development Shahin Mustafayev in Baku on July 03.

During the meeting. they dealt with joint investment by the two countries` private and semi-state sectors.

Both sides also stressed the significance of launching Astara-Astara railway. and called for promoting volume of transportation and transit in the region.

Back in April. Iran and Azerbaijan signed a Memorandum of Understanding (MoU) to open a trailer manufacturing company in Hajigabul Industrial Park. 113 km from Baku.

A week before signing the MoU. Iranian Industry Minister Reza Rahmani and Azerbaijani President Ilham Aliyev. in a meeting in Baku. pledged to increase the trade volume between the two countries. adding that the two sides will spare no efforts to boost joint industrial projects.

In mid-March. Tehran and Baku agreed to expand bilateral ties and mutual cooperation in different fields of agriculture.

Iranian Economy Minister Farhad Dejpasand and his Azerbaijani counterpart Inam Karimov discussed mutual cooperation in different fields of agriculture. including extra-territorial cultivation. livestock quarantine and food security. during a meeting late on March 14 in Baku. on the sidelines of the 13th Summit of Iran-Azerbaijan Joint Economic Cooperation.

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