Azerbaijan is interested in expansion of economic ties with Iran
The trade turnover between the two countries increased by 7% in 2013.
Azerbaijan will be visited by the delegation headed by the Minister of Communications and Information Technology of the Islamic Republic of Iran, co-chairman of the State Commission for Cooperation between the Republic of Azerbaijan and the Islamic Republic of Iran in the economic, commercial and humanitarian spheres Mahmoud Vaezi from 4 to 7 August. A series of events - the 9th meeting of the State Commission, the Azerbaijani-Iranian business forum and a series of meetings will take place during the visit.
Azerbaijan and Iran have been successfully cooperating in the economic sphere. The structure of our trade relations is multifaceted and covers the oil and gas, industrial, construction, agricultural and other sectors.
The Minister of Economy and Industry, Co-Chairman of the State Commission for Cooperation between the Republic of Azerbaijan and the Islamic Republic of Iran in the economic, commercial and humanitarian spheres Shahin Mustafayev stated it in his interview.
"Successful cooperation is carried out in the energy sphere. Construction of a 330 kwt "Ardabil-Imishli" and "Imishli-Janub" power plants (TPP), 220 kwt "Janub" Salyan-Masalli-Astara (Iran) transmission lines TPP. Agreement "On the construction and operation of hydroelectric power plants" Ordubad "and" Marazad "signed during the last visit of President Ilham Aliyev to the Islamic Republic of Iran, will further expand of our ties in this area.
Transport projects also occupy an important place in the Azerbaijani-Iranian relations. Commissioning of the new road bridge Julfa-Julfa (Iran) between the Nakhichevan Autonomous Republic and the Iranian province of East Azerbaijan is of paramount importance in terms of expanding transport links, international transit transport of goods, comfort citizens. Also successfully continue ties between Azerbaijan and Iran in the expansion of the legal framework, communications and high technology, agriculture, tourism, education, health, irrigation and culture.
However, there are great opportunities for expanding cooperation between the two countries in various industries, including oil and gas, high technology, information and communication technology, trade, investment and humanitarian issues, " said S.Mustafayev.