Iranian ambassador to Azerbaijan Javad Jahangirzadeh has said the two countries enjoy a very positive political environment.

Speaking to journalists, he said Iranian and Azerbaijani public and private sectors can take advantage of this and embark on reciprocal investment projects. “Common cultural, historic and religious values shared by Iran and Azerbaijan pave the way for further development of economic relations between our countries,” he said. “We can develop agricultural and commercial relations in frontier districts. Organizing reciprocal visits to study the existing potential will be enough for this,” the ambassador said.

Jahangirzadeh added that Iran wants to build a pharmaceutical plant in Azerbaijan. “An agreement has already been signed, and work will start in the near future.”