ECONOMY


Iran ‘seeks’ development of relations with Azerbaijan

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Baku, September 21, AZERTAC

Iranian Deputy Minister of Industries and Mines Jafar Sargheini has expressed his country`s interest in developing relations with Azerbaijan. “This business forum will contribute to strengthening economic relations between Azerbaijan and Iran and to opening up new opportunities for cooperation between our businessmen. Iran seeks development of relations with Azerbaijan,” he told an Azerbaijan-Iran business forum in Baku.

President of Azerbaijan Export and Investment Promotion Foundation (AZPROMO) Rufat Mammadov pointed out that trade between the two countries increases on a yearly basis. “Presently, around 400 Iranian companies work in Azerbaijan.”

The business forum was organized by AZPROMO and Iranian Pars Pegah Tejarat in partnership with Azerbaijan`s Ministry of Economy.

It brought together both countries` officials and entrepreneurs from the oil-gas, chemical, agricultural, food production, construction, engineering and other industries.

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