Azerbaijan’s Economy Minister to Visit
Azerbaijan’s Economy Minister to Visit

Azerbaijan’s Economy Minister to Visit

Azerbaijan’s Economy Minister to Visit

An Azerbaijani business delegation, headed by Economy Minister Shahin Mustafayev, will visit Iran on February 22-24, Azerbaijan Export and Investment Promotion Foundation reported. The delegation will visit the Iranian cities of Ardebil and Urmia where business forums and business meetings have been scheduled. The forum will bring together Iranian and Azerbaijani entrepreneurs engaged in different spheres, AzernNews reported. The two countries are eager to develop their non-oil economy, integrate regional transport networks and boost mutually advantageous business projects. Agriculture, banking, pharmaceuticals and cooperation in the International North-South Transport Corridor are the main areas that the two states are focused on. Iranian companies have so far invested $1.2 billion in Azerbaijan, with some $145 million belonging to the non-oil sector. Some 450 companies are operating in Azerbaijan with Iranian investment. Trade turnover between the countries hit $15.77 million in January 2017. The figure for the corresponding period of last year stood at $9.56 million.


Short URL : https://goo.gl/gL21OZ
  1. https://goo.gl/02jgvH
  • https://goo.gl/SL90eX
  • https://goo.gl/PSZ6bf
  • https://goo.gl/5aEGvH
  • https://goo.gl/R75dbj

You can also read ...

Valiollah Seif
Governor of the Central Bank of Iran said on Wednesday anti-...
Nat’l Virtual Currency in the Offing
Months after the idea was first publicized, it seems that Iran...
5th Indian Wheat Cargo Arrives for Afghanistan in Chabahar
India’s fifth consignment of wheat to be sent to Afghanistan...
Presale Crosses  96,000 Gold Coins
The presale of Bahar Azadi gold coins priced at 14 million...
Spanish Foreign Minister Alfonso Dastis met with President Hassan Rouhani on Feb, 21.
Foreign ministers of the Netherlands and Spain are in Tehran...
Lexus’ New Crossover to Break Cover  in March
Lexus will pull the covers off of the production version of...
The government has required car importers to pay the higher tariffs announced in January.
The government has finally allowed the clearance of imported...
Bank Loans Top $100b in 10 Months
Banks and credit institutions doled out more than 4.62...

Add new comment

Read our comment policy before posting your viewpoints