«Many companies from around the world are eager to invest in Iran after the nuclear deal with the International Six. However, Tehran considers it a priority above all cooperation with its neighbors and the first place is Azerbaijan," said the president of Iran Hassan Rouhani, receiving in Tehran on Tuesday the Minister of Economy and Industry Shahin Mustafayev.
According to IRNA, Rouhani called Azerbaijan "gateway to the Caucasus." At the same time, he said that Iran can become for Baku "a way to the Persian Gulf."
Referring to cooperation in the energy sector, Rouhani said that "joint investments in the Caspian Sea could open a new page in this area."
In turn, Shahin Mustafayev expressed confidence that the nuclear deal of Iran will have the most beneficial impact on regional cooperation and stability.
"Baku is determined to strengthen its cooperation with Iran in the energy, trade, transport, petrochemicals, banking and agricultural areas," said Mustafayev.
Today, he met with Iranian Oil Minister Bijan Zangyan during which Mustafayev noted that Iran could use the infrastructure of Azerbaijan to transport its oil and gas to Europe, and the future could join the project TANAP.
At a meeting with Minister of Economy of Iran Ali Talibniya, the parties agreed to establish a bilateral committee on investments and the reactivation of Iranian financial institutions in Azerbaijan.
The current level of trade between the two countries in the amount of 500 million USD may rise by several times, said the Iranian minister. -02D-
Economics
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Azerbaijan's Cabinet of Ministers has introduced new regulations establishing the minimum royalties for authors of state-commissioned films, aiming to promote creative works reflecting the country's national identity and cultural values.
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