Iran Offers to Host Economic Commission With Azerbaijan

Minister of Economic Affairs and Finance Masoud Karbasian has expressed Iran’s readiness to host the 12th meeting of Azerbaijan-Iran Economic Commission.

“We are ready to hold the meeting, as the required measures in this regard have been taken,” the Iranian minister told Trend News Agency. He noted that the Azerbaijani side would announce the date for organizing the meeting.

Mahmoud Vaezi, the head of Iran’s Presidential Office and chief of staff, had earlier said the meeting was expected to be held in the second half of January.

Azerbaijan’s trade with Iran amounted to $229 million in January-November 2017, of which more than $213 million accounted for Azerbaijan’s import of Iranian products, according to the Azerbaijani State Customs Committee’s latest data.

The 11th meeting of the joint commission was held in Baku in December 2016.