Iran can turn into Azerbaijan's main trade partner

17:31 | 20.10.2014
Iran can turn into Azerbaijan's main trade partner

Iran can turn into Azerbaijan's main trade partner

Deputy Economy and Industry Minister Sahil Babayev said Azerbaijan is interested in expanding trade and economic relations with Iran.

"Iran can become Azerbaijan's biggest trade partner in the near future," Babayev said, addressing a press conference in Baku on Sunday.

He reiterated that the two countries' economic relations are expanding on a daily basis.

"The two countries have signed 103 documents so far, including 30 economic agreements," Babayev said.

Earlier this month, the head of Iran’s Customs Administration, Massoud Karbasian, also said Tehran is interested in boosting trade and economic ties with Azerbaijan.

Iran is determined to expand trade ties with Azerbaijan and will do its best to implement an agreement to operate a customs checkpoint at the border with Azerbaijan round-the-clock as soon as possible, Karbasian said after meeting with Azerbaijan’s Minister of Economic Development Shahin Mustafayev in Baku.

Mustafayev, for his part, said customs plays an important role in boosting transactions, specially in the private sector, and added, “Azerbaijan is ready to launch a joint chamber of commerce (with Iran)."

Bakudaily.Az

 

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