"Zanganeh said that Iran attaches great importance to broadening ties with its neighbors, including Azerbaijan, which includes strengthening economic relations and energy cooperation," SOCAR said in a statement after Zanganeh's meeting with the company's president, Rovnag Abdullayev, on the sidelines of the summit.
The sides have also discussed opportunities for cooperation and areas of mutual interest, according to the statement.
"The head of SOCAR has expressed confidence that Iranian President Hassan Rouhani's visit to Azerbaijan will become a new step in the development of bilateral ties and noted that relations between SOCAR and Iranian oil and gas companies have recently grown stronger," it was added in the statement.
Relations between Iran and Azerbaijan have been improving since Rouhani became Iranian president in 2013. In an effort to boost relations and regional trade, both countries are taking part in the International North-South Transport Corridor (INSTC) planned to link India, Iran, the Caucasus and Russia via a rail and shipping route.
