The top of the Iran-Azerbaijan Interparliamentary Friendship Group and an Iranian lawmaker, said that bilateral commerce between Iran and Azerbaijan is projected to rise to $5 billion following agreements reached throughout President Masoud Pezeshkian’s journey to Baku.
Speaking to IRNA, Sadif Badri, talked about that the present commerce quantity between the 2 nations stays beneath $1 billion. Nevertheless, throughout President Pezeshkian’s go to, each side dedicated to boosting commerce to at the very least $1 billion by the 12 months’s finish.
Badri characterised the go to as extremely productive, underscoring its favorable results on financial and commerce relations.
He famous that the discussions centered on implementing present bilateral agreements, additional solidifying industrial ties between the 2 nations.
“The go to was well-received in each nations and throughout the area,” Badri mentioned, including that its full advantages will likely be realized as soon as the seven cooperation paperwork signed through the journey are put into motion.”
He additionally pointed to a joint assertion signed by President Pezeshkian and Azerbaijani President Ilham Aliyev, which outlined a mutual dedication to eliminating obstacles to stronger financial cooperation.
President Pezeshkian has beforehand mentioned his go to to Baku final Monday, would pave the best way for enhanced cooperation in scientific, financial, cultural and safety fields.
Throughout his go to, President Pezeshkian held discussions with Aliyev, attended a convention targeted on Iran-Azerbaijan financial collaboration, and met with Iranian expatriates residing within the neighboring nation.
