Iran and Azerbaijan Expanding water and energy Cooperation

In a meeting with the Ambassador of the Republic of Azerbaijan, Energy Minister of Iran Ali Akbar Mehrabian stressed Iran’s readiness to expand relations in the field of water and energy with this country.

Emphasizing the readiness for the development and continuation of electricity exchange between Iran and Azerbaijan, the Minister of Energy added:

“Studies have been conducted in the field of cooperation between Iran, Azerbaijan and Russia in the field of electricity and Iran is ready to start cooperation in synchronizing electricity networks of these countries”.

With the new decision of the Iran parliament, the import of cars will be allowed again after about three years and the way will be opened for foreign cars to enter the country.

Under the new law, any natural or legal person can import an all-electric or hybrid car in exchange for the export of a car or car parts or other goods or services related to various propulsion industries, or through imports without currency transfer, or Import gasoline or gas-burning car with energy label B and higher or with a safety index of three stars or higher based on valid standard certificates.

Some believe that due to the high price of foreign currency in the Iranian market and the limited import of foreign cars, the market price of cars will not decrease

On the other hand, it is certainly commendable that the legislator has come to the conclusion that there should be imports to balance the car market, but this solution must be done with the right logic so that everyone benefits from this sector and any monopoly in this sector is broken.