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Azerbaijani-Iranian Economic Ties Are Too Strained

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  • Azerbaijani-Iranian Economic Ties Are Too Strained

    AZERBAIJANI-IRANIAN ECONOMIC TIES ARE TOO STRAINED

    http://times.am/?l=0&p=10281

    Relations between Iran and Azerbaijan have been strained for already
    a long time. It is expressed in various ways. Now, Azerbaijan has
    started an economic pressure against Iran. As Armenian media informs
    referring to the Azerbaijani press Azerbaijan started to drive away
    Iranian businessmen from the state. Money transfers are also stopped.

    One of the biggest Azerbaijanis banks, "Royal Bank" has stopped
    its activities with the accusation of "money laundry" of Iranian
    businessmen. Both states have stopped the financial bilateral deals.

    Besides this, one of the biggest hotels in Baku belonged to Iranians,
    Europe Hotel, is transferring to the Azerbaijani oligarch. Nearly 40
    workers in the food service are freed from the work. According to the
    source soon all companies and factories belonged to Iranians will be
    closed in Azerbaijan.

    "So, the official Baku has de facto jointed Western economic sanctions
    against Iran. Such a firm attitude towards Iran is just connected
    with this", Azerbaijani magazine writes.

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