Azerbaijan can turn into a good market for Iran: MP
Tehran, Iran, February 23
By Mehdi Sepahvand - Trend:
Azerbaijan can turn into a good market for Iranian-made goods, Ruhollah Abbaspour, spokesman of the Iranian Parliament's Industries and Mines told Trend.
He added that Iranian Supreme Leader Ali Khamenei's guidelines regarding resistance economy, pay special attention to export.
Abbaspour further said that Iran and Azerbaijan can effectively work on border and security issues.
President of Azerbaijan Ilham Aliyev arrived in Iran on an official visit Feb. 23.
Back in 2015, Iranian Foreign Minister Mohammad Javad Zarif said that Iran and Azerbaijan are to increase the volume of their bilateral trade to $1 billion.
The foreign ministers of the two countries said the two countries were increasingly cooperating in industry, the energy sector and trade.
Iran and Azerbaijan have also agreed to establish railway transport between Astara (Iran) and Astara (Azerbaijan) and extending the transport to the Persian Gulf under the North-South Railway.
The current trade turnover between the two countries is believed to stand at around $700 million per year.
The two sides were reportedly supposed to put the finishing touches on a previously agreed-upon agreement, under which Azerbaijan will export to Iran about 500 million cubic meters of natural gas per year.