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Iran, Australia to cooperate on aviation

Business Materials 3 November 2016 12:57 (UTC +04:00)

Baku, Azerbaijan, Nov. 3

By Khalid Kazimov – Trend:

Iran and Australia have inked two documents on cooperation in the field of aviation.

A memorandum of understanding (MoU) as well as an agreement on aviation cooperation was signed Nov.2 in Canberra, Australia’s capital city, IRNA news agency reported.

The documents will pave the way for developing international aviation services in both, passenger and commercial flights.

According to the report, the documents allow the both countries’ aircraft to fly over their air space, to land at airports and receive aviation services in both countries.

The documents also envisage launching direct flights between several Iranian and Australian cities.

Australia exported almost $1 billion worth of goods to Iran before nuclear sanctions slashed the trade to below $350 million.

Iranian officials earlier announced that they were targeting a trade plateau of $10 billion with Australia.

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