Tehran, Iran, Feb. 1
By Mehdi Sepahvand - Trend:
Iran has established "investor houses" which are tasked to facilitate investment particularly the foreign ones, a senior Iranian official said.
So far, several investor houses have been launched in provinces of West Azerbaijan, East Azerbaijan, Gilan, Esfahan and Fars, the Iranian deputy minister of economy, Mohammad Khazaei, told Trend.
He touched upon Iran's ties with the Republic of Azerbaijan and said Tehran and Baku have held numerous economic sessions over the past year to strengthen ties.
Iranian provinces of West Azerbaijan, East Azerbaijan and Gilan share border with Azerbaijan.
According to statistics released by the State Customs Committee of the Republic of Azerbaijan, over the first eight months of 2015 Azerbaijan exported goods and service worth at $ 18 million to Iran which decreased by 78% year-on-year. Azerbaijan's State Customs Committee says Baku imported goods and services worth at $ 56 million which shows 53 percent decline compared to the same period last year.
However, the Iranian Customs Administration suggests that the Islamic Republic exported goods and services to Azerbaijan worth at $198.8 million in ten months between March 2015 - January 2016. The Islamic Republic says the figure for its imports from its northwestern neighbor of Azerbaijan stood at $18.1 million over the past 10 months.
Iranian Economy Minister Ali Tayyebnia earlier said $90 billion annual investment is needed in order to achieve an economic growth of 6 percent during the 6th Development Plan.