Baku, Tehran ink infrastructure deals to anchor regional connectivity

Azernews.Az

29 April 2025 14:00 (UTC+04:00)

Akbar Novruz

The Azerbaijan-Iran Business Forum, held the same day in Baku with the participation of over 400 delegates, including 120 prominent Iranian entrepreneurs, demonstrated a strong private sector appetite for cross-border collaboration. In his keynote speech, President Aliyev acknowledged the political maturity and mutual respect defining Azerbaijan-Iran relations and emphasised the need to translate this into real economic outcomes. With bilateral trade hovering around $650 million in 2024—a 33% increase from the previous year—both sides agreed that current figures fall well short of the vast economic potential.

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