Baku : Iran’s ambassador to Azerbaijan called on the Iranian investors here to look for new markets, particularly in the neighboring states.

The CASPINDEXPO 2017 which is underway in Baku, Azerbaijan, will be a good opportunity for the Iranian businesspersons to find new markets for their products, Javad Jahangirzadeh told the Islamic Republic News Agency (IRNA).

About Tehran-Baku ties, the envoy noted that Iran will play more active role in the auto market in the northern neighboring country of Azerbaijan in the near future.

The three-day international industrial exhibition, CASPINDEXPO – 2017, kicked off in Baku Expo Center on Wednesday.

Companies from 15 foreign countries are taken part in the industrial event. Among a total 52 participating companies, 20 are from Iran and the remaining from other states.

—NNN-IRNA