Azerbaijan and Iran double commodity turnover

 Azerbaijan and Iran double commodity turnover

Trade between Azerbaijan and Iran grew by 2.2 times in the first 6 months of 2019, Iranian Minister of Economic Affairs and Finance Farhad Dejpasand said.

According to him, the number of Iranian enterprises operating in Azerbaijan has grown over the past 6 months.

"There are 1,371 Iranian companies already operating in Azerbaijan," Dejpasand said.

He recalled that a joint Iranian-Azerbaijani automobile plant continues to operate in Azerbaijan’s Neftchala, the products of which are sold both in Azerbaijan’s domestic market and are put up for export. The construction of a pharmaceutical plant is also underway in Azerbaijan’s Pirallahi High-Tech Park.

The Minister of Economic Affairs and Finance also said that Iran and Azerbaijan are two neighboring and friendly countries that are actively cooperating in the field of transport, energy and agriculture, Trend reported.

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