iran azerbaijan boost railway links to spur regional economy
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Iran, Azerbaijan boost railway links to spur regional economy

Arab Today, arab today

Arab Today, arab today Iran, Azerbaijan boost railway links to spur regional economy

Azerbaijan's President Ilham Aliyev
Tehran - ArabToday

The Iranian president and his visiting Azeri counterpart hailed Sunday the growing trend of bilateral relations and the launch of railway links to boost regional economy.

The two countries signed two MoUs to expand cooperation on financial and transportation sectors, as Azerbaijan's President Ilham Aliyev visited Iran's capital Tehran.

The two MoUs encompass fighting money laundry and criminal assets, and fostering railroad cooperation and expanding railroad links between the two neighbors, official IRNA news agency reported.

The documents were signed at the presence of Iranian President Hassan Rouhani and his Azeri counterpart.

Concurrent with the visit of President Aliyev to Tehran, the railroad linking Iran's Astara port city to its namesake in Azerbaijan republic was launched.

Aliyev also discussed with Rouhani the implementation of the North-South Transport Corridor (NSTC).

He told reporters that the NSTC could have positive effects on the economies of its host countries following his meeting with Rouhani, according to Press TV.

Aliyev also underscored Baku's determination to invest the construction of a railway between the two Iranian northern cities of Rasht and Astara, which could help facilitate the expansion of economic relations between the two countries.

The NSTC is a multimodal route to link India and the Middle East to the Caucasus, Central Asia and Europe.

The ship, road and rail route connects India's Mumbai to the Iranian port of Bandar Abbas and further to Baku in Azerbaijan as well as Russia's Astrakhan, Moscow and St. Petersburg before stretching to northern Europe and Scandinavia.

For his part, Rouhani hailed the implementation of transit route of NSTC passing through Iran and Azerbaijan, saying that it would link the Indian Ocean to European countries.

"The Republic of Azerbaijan is a gateway linking Iran with the Caucasus and Europe, and Iran, reciprocally, is a very good gateway linking the Republic of Azerbaijan to southern regions, the Sea of Oman and the Indian Ocean," Rouhani was quoted as saying by Tasnim news agency.

He urged more consultation between Iran and Azerbaijan to formulate a lasting legal regime for the Caspian Sea by building a consensus among the lake's five littoral states.

Rouhani unveiled plans for talks between Iran and Azerbaijan's oil ministers on close partnership to use the Caspian Sea's resources, according to Tasnim.

Rouhani welcomed Azerbaijan's participation in the construction of the Iranian cities of Rasht-Astara railway and said that Iran is prepared to cooperate with Azerbaijan in the swap of oil products.

On Sunday meeting, both presidents discussed environmental issues in the Caspian Sea and the fulfillment of agreements reached by the Caspian littoral countries on marine environment.

The Iranian and Azeri presidents also called for the implementation of a rich set of previous agreements between Tehran and Baku.

According to IRNA, they also stressed the importance of Iran-Azerbaijan-Russia, Iran-Azerbaijan-Turkey and Iran-Azerbaijan-Georgia trilateral cooperation formula.

Iran and Azerbaijan share immense cultural background and have been speeding up enhancement of their cooperation over the past years.

In Aliyev's last visit to Tehran in early 2016, the two countries signed 11 documents of agreement to promote mutual cooperation in diverse areas. In Rouhani's visit to Baku late 2016, the two countries also signed 7 more cooperation documents.

In the ongoing visit of Aliyev, a high-ranking political and economic delegation accompanies the Azeri president.

Source: Xinhua

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

iran azerbaijan boost railway links to spur regional economy iran azerbaijan boost railway links to spur regional economy

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

iran azerbaijan boost railway links to spur regional economy iran azerbaijan boost railway links to spur regional economy

 



GMT 12:47 2016 Thursday ,01 September

'La La Land' musical masterpiece dazzles Venice film fest

GMT 12:42 2017 Monday ,20 February

Dalia al-Behairy begins 'Yawmiyat Zoga Mafrosa'

GMT 19:01 2017 Wednesday ,30 August

Oil prices down as US reels from Harvey

GMT 04:19 2017 Monday ,08 May

National forces attack mercenaries in Taiz

GMT 19:21 2017 Sunday ,07 May

Iranian Film Week opens in Baghdad

GMT 21:33 2017 Sunday ,30 July

Arab Quartet meeting kicks off in Bahrain

GMT 17:17 2016 Friday ,07 October

Aleppo bleeds as US and Russia spar

GMT 12:03 2015 Monday ,21 December

Nepal protester killed in constitutional crisis clash

GMT 09:47 2016 Thursday ,22 December

Trump vows to cut F-35 spending, as leaked memo

GMT 21:44 2017 Friday ,15 December

King establishes Hawar Development Committee

GMT 20:57 2017 Tuesday ,16 May

Naval Forces rescue 23 tourists in Hurghada

GMT 12:56 2017 Monday ,11 December

Lyon leave it late, Balotelli with Nice winner

GMT 06:18 2017 Thursday ,19 October

Russian delegation meets with Julphar chairman

GMT 21:20 2017 Monday ,23 October

Nasr, delegation of London Stock Exchange

GMT 14:40 2012 Saturday ,10 March

Magdy Al-Galad steps down

GMT 09:47 2017 Sunday ,12 March

Cat Camp in New York attracts cat lovers

GMT 14:57 2016 Friday ,09 September

Madonna, Ritchie settle child custody dispute

GMT 23:52 2017 Monday ,18 September

UAE economic growth boosting logistics sector
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday