Iran talks building industrial town jointly with Azerbaijan

Business Materials 17 July 2020 13:03 (UTC +04:00)
Iran talks building industrial town jointly with Azerbaijan

TEHRAN, Iran, July 17


Iran's Ardabil Province Governor Akbar Behnamjou has announced that necessary measures have been taken by Iran's government and the Republic of Azerbaijan to build a joint industrial town, Trend reports via IRNA.

Meanwhile, spokesman for Iran's Ministry of Foreign Affairs Seyyed Abbas Mousavi said that Ardabil Province has good capacities for border trade, and this opportunity should be used optimally for the economic development of the region.

“Iran has 15 neighboring countries and can benefit from it, Mousavi said in a meeting with Behnamjou.

"Iran should try to use cross-border opportunities and reach leap in exports," Mousavi said.

He called the follow-up of the implementation of necessary projects in the border areas, especially joint projects with neighboring countries, and promised to follow the projects of Ardabil province to be implemented.

“Ardabil province has 369 kilometers of border with the Republic of Azerbaijan,” Behnamjou said during the meeting.

“In last five years, several projects have been implemented in the border region of the province, financed by the Foreign Exchange Reserve Fund, which led to growth of production,” he said.

He went on to emphasize the need for creation of a rail dock to increase exports of the province's products.

Behnamjou added that in order to expand trade and economic relations, the necessary measures have been made by the government and the neighboring country (Azerbaijan) to build a joint industrial town.

“Its location has been determined,” he said.