Tehran, Baku may involve private sector in trade ties - Iran minister (exclusive)
Baku, Azerbaijan, Apr. 21
By Farhad Daneshvar - Trend:
Iran and Azerbaijan are considering to involve private sectors from both countries to contribute to the expansion of trade ties between the two neighbors, an Iranian minister told Trend.
Minister of Communications and Information Technology of Iran Mahmoud Vaezi, who is on an official visit to Baku, said that industry and engineering services from both countries are among the sectors that are of priority for cooperation.
Agricultural and commerce as well as health sectors are also proper fields for cooperation between the two friendly countries, Vaezi told Trend on the sidelines of a ceremony for inking a number of deals between companies from Iran and Azerbaijan.
Predicting that the ties between the two brotherly countries will be closer in the near future, he vowed support for private sector.
Vaezi previously said that the trade turnover between Iran and Azerbaijan has increased by 53 percent in the first three months of the current year.
Meanwhile, the State Customs Committee of the Republic of Azerbaijan reported that the country's export to Iran almost doubled to $14.4 million in 1Q16 year-to-year, while imports increased from $19.4 million in 1Q15 to $27 million in 1Q16.
Vaezi further said that a major part of issues agreed between Iranian President Hassan Rouhani and his Azerbaijani counterpart Ilham Aliyev, have been materialized over the past two months.
Azerbaijan's President Ilham Aliyev concluded his visit to Iran in late February, which took place on the invitation of Hassan Rouhani. The high-level official visit resulted in conclusion of documents covering various areas of cooperation between Tehran and Baku.
Vaezi heading the Iran-Azerbaijan Joint Economic Cooperation Commission arrived in Baku Apr. 21 to discuss expansion of bilateral ties. During the visit, President Aliyev presented Vaezi state award, the Order of Azerbaijan "Dostlug" (friendship).