This is the first meeting in 10 years for the bilateral joint economic cooperation commission, with Iranian Minister of Roads and Urban Development Mehdi Bazrpash and Emirati Minister of Economy Abdulla Bin Touq Al Marri in attendance.
During the mentioned committee meeting, the two sides stressed the need for further expansion of economic cooperation between Tehran and Abu Dhabi.
Speaking at the end of the meeting, Bazrpash said: “We have held the joint commission between the two countries after 10 years, which is an opportunity to develop the commercial and economic relations between the two countries.”
“The UAE, as Iran's second biggest trade partner, has great strategic importance for us,” the minister said.
Referring to the location of Iran and the UAE in the International North-South Transit Corridor (INSTC), Bazarpash said: “Access to the markets of the north and south can create an opportunity for the two countries to cooperate.”
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