Azerbaijani entrepreneurs to expand cooperation with Iran

Azerbaijani entrepreneurs will visit Iranian cities of Tabriz and Ardebil on January 14-17,  the Azerbaijan Export and Investments Promotion Foundation (AZPROMO) said.

Baku will host the Azerbaijani-Iranian business forum on December 27.

It is expected that the Iranian entrepreneurs working in the fields of agriculture, food industry, light industry, pharmaceuticals, transportation, logistics, tourism, ICT, construction, production of building materials, spare car parts and others, will take part in the forum, Trend reports.

Iranian companies have so far invested $2.6 billion in Azerbaijan’s economy. As much as $145 million of the total amount has gone to the non-oil sector of Azerbaijan. This is while some 450 companies with Iranian share operate in Azerbaijan.