Iran. Azerbaijan Vow to Expand Mutual Cooperation

During the meeting in the Iranian capital. Vaezi and Babayev explored avenues for reinvigorating and bolstering mutual cooperation in political and economic areas.

During the meeting. Vaezi described Tehran-Baku ties as strong and growing. and said that Iran knows no limits for promoting relations with its neighboring countries. specially the Republic of Azerbaijan.

Babayev. for his part. said that Tehran-Baku relations have increased in the wake of political resolves of the two countries` presidents.

He said that that Azerbaijan attaches special significance for enhancing ties with Iran.

Azeri minister invited Iranian President Hassan Rouhani to take part in the Non-Aligned Movement (NAM) Summit in Baku.

In a relevant development last week. Azerbaijani Ambassador to Tehran Bunyad Huseynov said that his country is interested in further expanding commercial and economic ties with Iran. the lauded the significant 74% growth in the volume of bilateral trade.

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.

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