Azerbaijan and Iran have agreed to jointly manage water resources of the Caspian Sea

Azerbaijan and Iran inked two Memoranda of Understanding (MoUs) on mutual cooperation in management of water resources in the Caspian Sea.

The agreements were signed during a five-day visit to Baku by Head of Iran's Water Research Institute  (WRI) Mohammad Riyahi and head of Iran's Caspian Sea National Research Center Homayoun Khoshravan.

The MoUs were endorsed between the Iranian centers and the Geography Institute of Azerbaijan's Science Academy as well as Caspian Sea Research Center of Azerbaijan, Fars News Agency reported.

Elaborating on the agreements, Riyahi said that with these agreements the Water Research Institute has opened a new chapter of cooperation with one of the most important littoral countries of the Caspian Sea.

Riyahi also said that the MoUs prepare the necessary conditions for joint cooperation between WRI and the Caspian Sea National Research Center in all strategic programs.

Tehran and Baku have sought to expand their ties, especially in trade and economic fields, and signed several cooperation agreements earlier this year.