Iran Azerbaijan

Iran’s private sector to join reconstruction projects in Azerbaijan’s war-torn regions

Iran and Azerbaijan have signed a contract to bolster their economic cooperation as Baku welcomes Iran’s increased investment and technical assistance to rebuild regions around Nagorno-Karabakh that were liberated following a deadly conflict with ethnic Armenian forces late last year.


Iran, Azerbaijan to build 280-MW power plant at border dam

Iran and the Republic of Azerbaijan have agreed to a hydroelectric power plant on the joint Khoda-Afarin dam on the Aras River straddling the border between the two countries.


Iran, Azerbaijan to expand bilateral relations focusing on trade ties

Iran and Azerbaijan have been seeking to further expand their commercial, economic and trade ties against all odds. The two neighbours are getting closer each day and want to cement their relations.


First Caspian Sea economic forum to develop economic ties between littoral states

Turkmen Ambassador to Iran Ahmed Gurbanov says the upcoming first Caspian Sea littoral states economic forum is supposed to improve the economic cooperation perspectives between the five countries that share Caspian Sea: Iran, Azerbaijan, Turkmenistan, Russia and Kazakhstan.


Iran seeking monetary pacts with regional countries: FM Zarif

Iranian Foreign Minister Mohammad Javad Zarif says his country is in talks with several regional countries to do business in national currencies.

Financial Markets

Iran, Azerbaijan start e-TIR road transit to boost trade

Tehran and Baku officials have started e-TIR operations in a bid to faster develop their bilateral ties and boost their economic activities.


ICCIMA urges Caspian Sea states to join Chinese New Silk Road

Gholam Hossein Shafei, who presides over the Iranian private sector parliament says revival of this ancient trade corridor is the most important event that is happening in the region and world, saying Caspian Sea littoral countries need to joint that road faster.


Iran Trade Center opened in Baku

A host of high-ranking Iranian and Azerbaijani officials opened Iran Trade Center, devised to boost commercial ties between the two countries, in the capital city of Baku.

Joint Chambers

Iran cements ties with neighbors

Iran President Hassan Rouhani visited Turkmenistan and Azerbaijan where major agreements were inked to further boost relations.


Call for enhanced Iran-Azeri trade

Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei said the level of economic cooperation between Iran and Azerbaijan is low in view of the two sides capacities, calling for a tenfold rise in bilateral trade.