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Iran's regional governor highlights priority of mutual investments with Azerbaijan (Exclusive)

Economy Materials 25 February 2026 20:20 (UTC +04:00)
Iran's regional governor highlights priority of mutual investments with Azerbaijan (Exclusive)
Elnur Baghishov
Elnur Baghishov
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BAKU, Azerbaijan, February 25. Mutual investment and the expansion of business engagement between Iran’s East Azerbaijan Province and Azerbaijan remain a key priority, Bahram Sarmast, the governor of Iran’s East Azerbaijan Province, told Trend.

Sarmast stated that efforts are underway to encourage reciprocal investment, broaden the scope of investors’ activities, and facilitate mutual visits by business representatives.

According to him, taking into account existing historical ties with Azerbaijan, as well as the policy of developing relations with Azerbaijan following the start of President Masoud Pezeshkian’s tenure, the Iranian side approaches cooperation with Azerbaijan as a priority.

The official noted that, based on agreements reached during reciprocal visits, businesspeople and entrepreneurs from both countries are expected to exchange views and create favorable conditions for cooperation. East Azerbaijan Province supports this process.

“Additionally, it should be noted that the decision by Iran’s President Masoud Pezeshkian to increase the authority of governors in provinces located in border regions is under serious consideration. Taking into account the position of Eastern Azerbaijan Province and Tabriz in relations with Azerbaijan, several priorities have been defined for the governor’s office.

The trade turnover of Iran’s East Azerbaijan Province is mainly with Türkiye, Russia, Iraq, and other countries. Although there are trade opportunities with Azerbaijan, they are not considered satisfactory. However, by developing trade relations, it is possible to create greater opportunities,” he said.

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