Iran and Lebanon have stressed the importance of improving bilateral economic relations between the two countries, Press TV reports.

Tehran and Beirut underlined the enhancement of the ties during the seventh summit of the Iran-Lebanon Joint Commission, which was held in the presence of Iran's Minister of Roads and Urban Development Ali Nikzad and Lebanon’s Minister of Economy Nicolas Nahhas in the Lebanese capital of Beirut on Tuesday, May 1.

Nikzad said that the meeting is aimed at improving mutual ties and creating a free trade zone between Lebanon and Iran.

“We are working on cooperative relations between the two countries to raise the level of cooperation in the economic and social levels,” he said.

“Some of the issues we agreed upon are in the fields of electricity, industry and scientific research,” he added.