He further touched upon joint industrial projects between the two countries and said the establishment of a joint venture for producing cars has been completed by 90 percent.
He further expressed hope that Iran would grab a larger share from Azerbaijan’s car market after the inauguration of the production line in Azerbaijan’s Neftchala industrial zone.
Diplomatic and economic ties between the two countries have witnessed a proper improvement.
According to the data available on the website of State Customs Committee of Azerbaijan, trade turnover between Iran and Azerbaijan over the last year surged by 78 percent to reach $221.2 million.
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