The talks took place during a meeting in the United Arab Emirates.
The Iranian delegation was headed by deputy foreign minister for economic diplomacy Mehdi Safari.
Delegates discussed expansion of ties in different economic fields, including transportation, transit of goods, oil, gas and petrochemical, as well as the North-South Corridor.
Both sides stressed the importance of expanding mutual cooperation with the aim of increasing trade and economic interactions as well as investment by the two countries.
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