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Azerbaijan-Iran relations never been on such high level - minister

Economy Materials 21 April 2016 17:22 (UTC +04:00)
Relations between Azerbaijan and Iran have never been on such a high level
Azerbaijan-Iran relations never been on such high level - minister

Baku, Azerbaijan, Apr. 21

By Anvar Mammadov - Trend:

Relations between Azerbaijan and Iran have never been on such a high level, Iranian Minister of Communications and Information Technology Mahmoud Vaezi told reporters in Baku Apr. 21.

He made the remarks at the meeting of Azerbaijani and Iranian delegations.

Vaezi said that the two countries currently established friendly and fraternal relations.

"There is a big role of the heads of our states in the fact that we have currently reached such a level of bilateral relations," Vaezi said.

He added that cooperation within the framework of the North-South transport corridor and laying a railway bridge over the Astarachay river are very important factors in the development of economic cooperation, in particular freight transportation, tourism and trade.

Vaezi said that Iran and the Azerbaijani government should continue to provide state support to the private sector and remove all existing barriers for entrepreneurs.

"We must prove to the world that, despite a sharp drop in oil prices, we can ensure the development of economic relations at the expense of private entrepreneurs and non-oil sector," said Vaezi.

Azerbaijani Economy Minister Shahin Mustafayev, in turn, said that the relations between the two countries developed rapidly over the last two years and have already reached the level of strategic partnership.

"About 60 meetings were held and more than 30 documents were signed between our countries over the last two years," said Mustafayev.

Over this period, the presidents of the two countries held six meetings, two of which were held in the last two months, he added.

Mustafayev also noted that currently, 439 companies with the Iranian capital operate in Azerbaijan. He added that Iran is one of Azerbaijan's main trade partners.

"The trade turnover between the two countries increased by 53 percent (compared to the January-March 2015) and totaled $41.4 million in the first quarter of 2016," said Mustafayev.

He added that Azerbaijan and Iran are currently working on expansion the cooperation in the spheres of agriculture, tourism, pharmaceutics, transport, banking sector and others.

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