IRNA � Iran's ambassador to Azerbaijan called on the Iranian investors here on Thursday 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 have taken part in the industrial event. Among total 52 participating companies, 20 are from Iran and the remaining from other states.