...

Iran-Azerbaijan economic ties will expand - Mahmoud Ahmadinejad

Business Materials 21 November 2010 02:11 (UTC +04:00)

Economic ties between Iran and Azerbaijan will expand, Iranian President Mahmoud Ahmadinejad said in an interview with Iran's Sahar TV.

"In the first step we envision at least USD 5 billion [amount of economic ties]. This [sum] can easily be increased", Ahmadinejad said, PressTV reported.

Currently, the annual trade turnover between the two countries is $ 550 million.

The Iranian chief executive on Thursday has attended the third summit of the leaders of Caspian littoral states in the Azerbaijani capital of Baku.

Tags:
Latest

Latest