New railway network will boost Tehran-Baku trade ties - Iranian Ambassador

20 October 2012, 04:18 (GMT+05:00)

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Iranian Ambassador to Baku Mohsen Pak-Ayeen said that the volume of trade transactions between Iran and Azerbaijan will increase after Qazvin-Rasht-Astara railway in northern Iran is launched.

Speaking to IRNA after visiting the Iranian companies taking part in the 18th International Construction Exhibition in Baku on Friday, the envoy said that "Undoubtedly the volume of trade transactions between Iran and Azerbaijan will boost concurrent with launching a railway in northern Iran and operations of Astara-Baku shipping lines and vice versa".

Pak-Ayeen pointed out that a total of 10 Iranian companies which are active in construction field attended the exhibition.

"Fortunately the Iranian companies have held satisfactory negotiations with the Azeri companies in the exhibition and it is hoped that the bilateral negotiations will result in concluding contracts between the two sides," he added.

The ambassador further noted that if suitable conditions are set for Iranian and Azeri businessmen, more Iranian goods will be poured into the market of the Republic of Azerbaijan.