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BUSINESS
- Azerbaijan
Iran, Azerbaijan intend to broaden co-op in bus, tractor manufacturing-REPORT.AZ

(Read the full article on report.az)

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.

Jul 20, 2021

DATA SNAPSHOT

BANKS
- Azerbaijan
Fitch affirms Azerbaijan’s Expressbank at ‘B’, outlook Stable
TRADE
- Uzbekistan
Uzbekistan’s foreign trade turnover at $13.15 bln in Q1, 2022
ECONOMY
- Belarus
Belarus inflation up 15.9% yr/yr in March-Statistics Committee
ECONOMY
- Georgia
Remittances to Georgia rise 3% yr/yr to $193 mln in March-central bank
THE TRIBUNE
- Eurasia
The Tribune suspends publication
HEALTH
- Covid-19
COVID-19 Eurasia Roundup
The Tribune keeps you up-to-date with the latest vaccines and infection data across the region.
OPINION
- Kazakhstan
OPINION-Kazakhstan’s Reforms Should Be More Than Just Show-FOREIGNPOLICY
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