TEHRAN, Iran, Nov. 26
Trend:
Iran's tropical and semi-tropical agricultural products have a vast market in neighboring countries such as Azerbaijan, a board member of the Iran Chamber of Commerce said.
Referring to the latest status of trade between Iran and Azerbaijan in the field of agriculture, a board member of the Iran Chamber of Commerce told Trend that "It seems that in recent years, concerns between the two countries have collapsed and this has caused the private sectors to be more active.”
"Azerbaijan is one of the leading countries in development after the collapse of the Soviet Union," he said. "More developed countries have a more open economic environment and institutionalized long-term and productive management," he said calling the situation very valuable.
Shariati went on to express his willingness as a private sector businessman, to participate in exhibitions after the coronavirus outbreak in Azerbaijan or be a part of a business delegation to Azerbaijan.
"Iran's agricultural products are well diversified,” he said referring to Iran's agricultural products potential to be exported to Azerbaijan.
“We have a different climate than some of Iran's neighboring countries," he said. Iran`s tropical and semi-tropical agricultural products such as saffron, pistachios, and date have an advantage for cold regions such as Central Asian countries.
"There are many opportunities in Azerbaijan to develop exports, increase exchanges and integrate the economy and trade of the two countries," he noted.
Azerbaijan's trade with Iran amounted to $274 million, thus making Iran Azerbaijan's largest trading partner among the Persian Gulf countries in January-October 2020, the State Customs Committee has reported.
Out of the total turnover, export from Azerbaijan to Iran amounted to $34.5 million, while the import from Iran amounted to $239.4 million. It should be noted that the trade between the two countries resulted in $422.6 million during the corresponding period of 2019. Thus, there was a decrease in trade between the two countries by $148.6 million.
In the meantime, Iran, the United Arab Emirates, and Iraq were three leaders among the Persian Gulf countries, in terms of Azerbaijan’s export.