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26-10-19
Iran, Azerbaijan boost ties in NAM in Baku
(MENAFN) Fars News Agency reported, during the meeting in Baku on Thursday, Ardakanian called for expediting the joint construction of hydroelectricity projects of Aras River, bartering gas with electricity and Azeri investment for the construction of a 500-megawatt power plant in Astara Border Region.
During the visit Ardakanian accompanied President Rouhani to Azerbaijan to attend the 18th Non-Aligned Movement (NAM) in the Azeri capital of Baku.
In December 2018, Speaker of the National Assembly of Azerbaijan Republic Ogtay Asadov announced that the volume of trade ties between his country and Iran had jumped 40 percent.
Asadov, at a meeting with the Governor General of Iran"s northwestern province of West Azarbaijan Mohammad Mahdi Shahriari in Orumiyeh said "Relations between the Islamic Republic of Iran and the Republic of Azerbaijan have always expanded and now they are in their golden era,"
He added, "The volume of trade ties between Iran and Azerbaijan has increased 40 percent in 2018 and it can further grow given the existing capabilities and capacities,"
MENAFN2610201900450000ID1099182449
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