The value of Iran’s non-oil export to Azerbaijan increased by 14.5 percent during the first ten months of the current Iranian calendar year (March 20, 2024-January 19, 2025), as compared to the same period of time in the past year, the spokesperson for the Trade Development Committee of the House of Industry, Mining, and Trade announced.Ruhollah Latifi said that Iran exported non-oil commodities valued at $572.953 million to Azerbaijan in the ten-month period.In late January, the 16th meeting of the Iran-Azerbaijan Joint Economic Committee was held with the participation of Iran’s Minister of Transport and Urban Development and Azerbaijan’s Deputy Prime Minister in Tehran.According to the news portal of Iran’s Transport and Urban Development Ministry, the second day of the meeting took place on January 22, with the presence of Farzaneh Sadegh, Iran’s Minister of Transport and Urban Development, and Shahin Mustafayev, Azerbaijan’s Deputy Prime Minister.The Iranian minister expressed her satisfaction with the renewed collaboration, stating, "I am delighted to meet again with the esteemed Deputy Prime Minister of Azerbaijan and his accompanying delegation. I hope this meeting marks the beginning of a new chapter in economic cooperation between our two friendly and neighboring nations. The government of President Masoud Pezeshkian is committed to expanding bilateral relations and removing obstacles to cooperation."She added, "After a hiatus of over three years due to various circumstances, I am pleased that we successfully convened the 16th session of the Joint Economic Committee in Tehran. I hope that by following up on agreements in transportation, customs, energy, oil, gas, electricity, water, banking, preferential trade, investment, and other areas, we can open new avenues of collaboration and witness further growth in bilateral trade relations."The Iranian head of the committee stated: "In 2023, trade volume between the two countries amounted to $487 million, with Iran exporting $473 million to Azerbaijan and importing $14 million. Over the first 11 months of 2024, bilateral trade rose to $583 million, with Iran’s exports to Azerbaijan at $570 million and imports at $12.9 million.""The trade potential between our two countries exceeds these figures. A five-year roadmap should be developed to achieve a target of $10 billion in trade. In this context, I propose drafting a roadmap to resume negotiations for finalizing the preferential trade agreement, thereby expanding the volume of trade," Sadegh emphasized.She highlighted transit cooperation opportunities, stating: "While notable steps have been taken in recent years to enhance this aspect of our relations, the current capacity in road, rail, air, and maritime transportation between the two nations is far greater than what is currently utilized." (ICE TEHERAN)

Fonte notizia: Tehran Times