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Azerbaijan calls for expanding parliamentary co-op with Iran

Politics Materials 21 September 2016 17:42 (UTC +04:00)
Oktay Asadov, the speaker of Azerbaijan's parliament, has officially invited his Iranian counterpart Ali Larijani to pay a visit to Baku
Azerbaijan calls for expanding parliamentary co-op with Iran

Baku, Azerbaijan, Sept. 21

By Farhad Daneshvar – Trend:

Oktay Asadov, the speaker of Azerbaijan's parliament, has officially invited his Iranian counterpart Ali Larijani to pay a visit to Baku.

At a meeting with the Iranian outgoing ambassador to Azerbaijan, Mohsen Pak Ayeen, Azerbaijani speaker called for expansion of parliamentary cooperation between the two countries.

According to the press office of Iranian embassy in Azerbaijan, Oktay Asadov has said that the two neighboring countries enjoy proper capacities for cooperation particularly in parliamentary issues.

Mohsen Pak Ayeen served as Iran’s ambassador to Baku for four years and he will hand over the office to Javad Jahangirzadeh in the coming days.

Ties between Iran and Azerbaijan have considerably improved over the past several years. The presidents of the two countries have met seven times agreeing on a number of deals.

According to Azerbaijani officials, Iranian companies have invested $2.6 billion in Azerbaijan’s economy. About $145 million of the total amount has gone to the non-oil sector. This is while some 450 companies with Iranian share operate in Azerbaijan.

The volume of trade turnover between the two countries has soared by 70 percent over the first seven months of the current year.

Trade turnover between Azerbaijan and Iran amounted to $122.08 million in January-August 2016, $30.66 million of which accounted for the export of Azerbaijani goods to Iran, according to the State Customs Committee of Azerbaijan.

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