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Azeri-Iranian turnover may rise to $10bn – envoy

19 July 2010 14:01 (UTC+04:00)
Azeri-Iranian turnover may rise to $10bn – envoy

TEHRAN - Azerbaijan's Ambassador to Tehran Javanshir Akhoundov expressed his country's enthusiasm over bolstering economic and trade relations with Iran, Fars News Agency reported.
"Given the two countries' abundant commonalities, we seek the expansion of relations between Iran and Azerbaijan, especially in areas of trade and economy," Akhoundov said in a meeting with Iranian businessmen and investors in Tehran on Sunday.
The envoy said he was not very pleased with the current level of economic exchange between the two countries, adding that the annual turnover was only worth $600m, with a potential of $10bn.
Akhoundov noted Iran’s progress and self-sufficiency in different fields and stressed that Iran enjoys abundant development infrastructure which can be utilized for both countries’ progress.

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