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Iran Azerbaijan

Iran starts importing power from Azerbaijan to tackle shortage

Iran is using limited supplies of electricity from neighboring Azerbaijan to prevent a recurrence of brief power cuts that surprised the households in large cities last month.

Energy

Iran, Azerbaijan to build bridge on Astarachay river

Iranian and Azerbaijani governments have signed a memorandum of understanding (MoU) to jointly finance and construct a bridge on Astarachay, the river that separates the Iranian city of Astara from its namesake town on the other side of the border.

Transportation

Iran’s Bileh Savar border exports head for Azerbaijan, Russia, Georgia

A total of 295,518 tons of goods were exported from Bileh Savar border crossing of the northwestern Ardabil Province during the first 11 months of the current Iranian year. The main export destinations were Azerbaijan, Russia and Georgia.

Trade

Iran, Azerbaijan border trade unaffected by pandemic

The head of the Iran-Azerbaijan Joint Chamber of Commerce says that bilateral trade between Iran and the Republic of Azerbaijan continues despite the spread of coronavirus.

Joint Chambers

Zarif calls for reopening of Iran-Nakhchivan-Armenia route

Iran’s foreign minister has called for the reopening of transit routes closed by the Karabakh conflict, especially the one linking Iran’s Jolfa to Armenia through the Autonomous Republic of Nakhchivan.

Transportation

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.

Trade

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.

Energy

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.

Trade

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.

Video

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 Chamber of Commerce, Industries, Mines and Agriculture

Established in 1884, Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) is a non-profit and non-governmental institution which aims at facilitating economic growth and development in the country. Iran Chamber tries to further coordinate the activities of the private sector. As an economic forum, representatives from both the government and the private sector attend Iran Chamber's sessions. Meanwhile the institution acts as an advisory body to the government, parliament and judiciary.

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