Tehran, Iran, March 11
By Kamyar Eghbalnejad – Trend:
A top Iranian merchant has called for inking a free trade agreement with Azerbaijan in order to boost bilateral ties.
“Iran and Azerbaijan should move towards signing a free trade agreement,” Pedram Soltani, the deputy head of Iran Chamber of Commerce, Industries, Mines & Agriculture (ICCIMA), told Trend.
“I believe that the two countries are capable of boosting the current level of bilateral trade,” he added.
According to the State Customs Committee of Azerbaijan, the trade turnover with Iran in 2017 amounted to $257.1 million, 27.4 percent more than in 2016. In 2017, the export of Azerbaijani products to Iran amounted to $16.8 million.
An Azerbaijani delegation led by the economy minister and the co-chairman of the State Commission for Cooperation between Azerbaijan and Iran in the economic, trade and humanitarian spheres, Shahin Mustafayev, will pay a visit to Tehran on March 12-14.
The sides are expected to explore avenues for expansion of bilateral ties.