Iranian official: Iran intends to expand economic relations with Azerbaijan
Azerbaijan, Baku, September 27 / Trend A. Yusifzade /
An Iranian delegation's visit to Azerbaijan is the beginning of new, more progressive relations in all fields between the two countries, Iran's Deputy Vice-President Ali Agha Mohammadi said in Baku today.
"We see no need to sign new documents. We will discuss the implementation of agreements we have already signed. Relations between our countries in the political sphere are at very high level, as opposed to the economic ties. This is the main purpose of our visit, Mohammadi said.
"We intend to raise the level of economic relations between our two countries to a higher level," spokesman for the Iranian President's Office said.
He noted that at present Iran plans to build a joint industrial zone on the border with Turkey. It will be opened in two months.
"We are interested in attracting other countries able to participate in joint projects. We expect to increase trade between Iran and Turkey by $20 billion," Mohammadi said.
According to the Azerbaijani State Statistical Committee, trade turnover between Azerbaijan and Iran amounted to $125.8 million from January to July 2010.