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Azerbaijan calls for active participation of Iranian firms

Baku, Dec 31, IRNA-Azeri Minister for Economic Development Heydar Babayev on Friday called on outstanding Iranian firms to actively participate in his country's economic activities.

At a meeting with Iranian Ambassador to Baku Afshar Soleymani, Babayev highlighted Iran's huge economic and industrial potentials and expressed Azerbaijan's readiness to bolster economic cooperation with Tehran.

He said development of Azerbaijan's non-oil sector was top on its economic agenda and the country was ready to enter into various partnership agreements with Iran if favorable ground exists for foreign investment to thrive.

Soleymani, for his part, said Iran's great economic potentials and Azerbaijan's interest in promoting mutual relations provide the incentive for increasing economic interaction.

He, moreover, said that the implementation of joint economic projects in Azerbaijan such as the transfer of Iranian gas to Nakhichevan and construction of electricity transmission lines were signs of the growing economic cooperation between the two countries.

During the meeting, the two sides expressed their satisfaction over the joint economic projects that have been implemented and exchanged views on the possibility of inking further agreements to avoid double taxation and preferential tariffs. They also agreed to hold the 7th session of their Joint Economic Commission in Baku at a date to be agreed upon.

Meanwhile, Baku Mayor Hajibala Abutalibov, during a meeting with Ambassador Soleymani, expressed hope the municipality of Baku would be able to benefit from the expertise of experienced Iranian companies in implementation of its development projects.

He appreciated an invitation by Tehran Mayor Mohammad-Baqer Qalibaf for him to visit Iran, saying he would make the visit at an appropriate time.

"The Islamic Republic is ready to cooperate with Azerbaijan in infrastructure and civic planning activities," Soleymani said.

He reiterated the readiness of outstanding and experienced Iranian companies to participate in development activities in Azerbaijan.

... Payvand News - 12/31/05 ... --

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