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Moody's: Iran nuclear deal offers Azerbaijan opportunities

Business Materials 29 September 2015 01:09 (UTC +04:00)
The nuclear deal and the lifting of economic and financial sanctions offer Azerbaijan the opportunity to boost foreign trade and investment with neighboring Iran
Moody's: Iran nuclear deal offers Azerbaijan opportunities

Baku, Azerbaijan, Sept. 29

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The nuclear deal and the lifting of economic and financial sanctions offer Azerbaijan the opportunity to boost foreign trade and investment with neighboring Iran, Moody's Investors Service reported.

According to information, these new trade and investment opportunities could partially offset the credit negative effects from the nuclear deal, which -- if implemented -- will enable Iran to return to oil export markets, potentially leading to lower oil prices and pressures on Azerbaijan's export revenues.

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