"Iran is interested in improving industrial relations with Azerbaijan," Mehdi Karbasian, Deputy Minister of Industry, Mine and Trade, Chairman of Mines and Mining Industries Development and Renovation Organization of Iran (IMIDRO) has told journalists as he commented on the results of his recent Baku visit.

He noted that his trip featured a number of “fruitful” meetings.

Karbasian said Azerbaijan's Baku Steel Company is interested in two steel mill projects in Iran. “Representatives of the companies will visit Iran in the nearest future for negotiations.”

The Deputy Minister said the parties reached an agreement on partnership and joint investments in the iron ore and steel fields. “In the coming days two delegations from Azerbaijan will visit Iran,” Karbasian noted.

He added that Iran is interested in investing in steel mill fields of Azerbaijan.

Rabil Katanov,
AZERTAG's Special
Correspondent