Economic exchange between Azerbaijan and Iran can increase to $10bln - Ambassador
Azerbaijan's Ambassador to Tehran Javanshir Akhoundov underlined his country's enthusiasm for bolstering economic and trade relations with Iran , Fars News Agency reported.
"Given the two countries' abundant commonalities, we seek the expansion of relations between Iran and Azerbaijan, specially in areas of trade and economy," Akhoundov said in a meeting with Iranian businessmen and capital holders in Tehran on Sunday.
The envoy further expressed dissatisfaction with the current level of economic exchanges between the two countries, and said that Iran and Azerbaijan exchange only $600mln worth of goods annually, while the figure can increase to $10bln.
Akhoundov noted Iran's progresses and self-sufficiency in different fields, and stressed that Iran enjoys abundant developmental infrastructures which can be utilized for both countries' progress.