“Trade between Azerbaijan and Iran was 125 million USD last year,” Yusif Abdullayev, vice-president of Azerbaijan Export and Investment Promotion Foundation, has told an Azerbaijani-Iranian business forum in Baku. “The relations between the two countries are developing both in political, economic and other formats.”

Chairman of the Chamber of Cooperation in Western Azerbaijan region of the Islamic Republic of Iran Mahmoudreza Sharifi said: “There are excellent economic relations between our countries. Our countries share common language, history and religion.”