Economy, Domestic Economy

Tehran, Baku Negotiating PTA

Tehran, Baku Negotiating PTATehran, Baku Negotiating PTA

Iran’s Minister of Economic Affairs and Finance Masoud Karbasian said talks are underway with Azerbaijan to conclude a preferential trade agreement. Speaking on the sidelines of the 12th meeting of Iran-Azerbaijan Economic Commission on Tuesday, the minister told reporters that the two sides are engaged in talks to expand cooperation in various fields, including banking, transportation, energy, water, environment and agriculture, Trend News Agency reported. The minister highlighted the significance of cooperation in the agriculture sector, saying that the two sides have signed a deal that allows Iran to harvest on 4,000 hectares of land in Azerbaijan.


Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment