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Estonia to join North-South transport corridor

Business Materials 25 November 2016 16:35 (UTC +04:00)
Estonia will join the International North-South Transport Corridor
Estonia to join North-South transport corridor

Baku, Azerbaijan, Nov. 25

By Maksim Tsurkov – Trend:

Estonia will join the International North-South Transport Corridor, Deputy Chairman of Azerbaijan Railways CJSC Igbal Huseynov told reporters in Baku Nov. 25.

He said that a meeting was already held on this issue between the leadership of the Azerbaijan Railways CJSC and Estonian Railways Ltd.

“Estonia has expressed interest in the North-South route, to which it plans to connect the port of Paldiski,” said Huseynov. “Thus, it is envisaged that the goods from Estonia, as well as countries of Scandinavia and Northern Europe will be transported through the port of Paldiski to Iran and Persian Gulf via Russia and Azerbaijan.”

He added that a meeting of the heads of railway authorities of Azerbaijan, Estonia, Iran and Russia will be held in the first 10 days of December.

“During the talks, it is planned to sign documents on the sides’ cooperation,” said Huseynov.

The International North-South Transport Corridor is meant to connect Northern Europe with Southeast Asia. It will serve as a link connecting the railways of Azerbaijan, Iran and Russia.

The corridor is planned to transport 6 million tons of cargo per year at the initial stage and 15-20 million tons of cargo in the future.

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