Iran, Azerbaijan intend to broaden co-op in bus, tractor manufacturing

Iranian Ambassador to Baku Seyed Abbas Mousavi announced that Iran and Azerbaijan are determined to expand their cooperation in auto, bus, and tractor manufacturing, Report informs via Fars News Agency.

"The production of buses and tractors will soon be on the agenda of two neighboring Muslim countries, Iran and Azerbaijan," Mousavi tweeted.

Mousavi published a picture of Azerbaijani President Ilham Aliyev driving an Iranian car.

In a relevant development in late March, Mousavi underlined the need for increasing trade relations between Iran and Azerbaijan, saying that "there is no limit for expansion of bilateral ties between the two neighboring states."

Mousavi said that "there is no obstacle for the development of relations between Iran and Azerbaijan."

Both countries' determination is to further bilateral ties, he said in a meeting between officials of Iran's Chamber of Commerce, Industries, Mines and Agriculture and Azerbaijan Export and Investment Promotion Foundation (AZPROMO).

The ambassador called for enhanced trade ties with the Azerbajani Republic.

He noted that 20 percent of Azerbaijani lands have been liberated from occupation, calling for symbolic 20 percent growth to economic cooperation between Tehran and Baku.

Azerbaijan is ready to host Iranian companies and private sectors, Mousavi underlined.

Also, in early March, Iran's Minister of Industry, Mine and Trade Alireza Razm Hosseini announced his ministry's preparedness to establish a joint industrial town with Azerbaijan in Ardabil province.

Razm-Hosseini said that launching a joint industrial park with the Republic of Azerbaijan is possible in cooperation with the two neighboring provinces at the border.

"After making the preliminaries and necessary agreements, the two sides will start investing jointly on this giant project," he added.