Baku, Azerbaijan, March 5
The North-South Transport Corridor project, which is being jointly implemented by Azerbaijan and Iran, is a historical event, said Azerbaijan’s President Ilham Aliyev.
President Aliyev, who is on a visit to Tehran, was making joint statement for the press with Iranian President Hassan Rouhani.
President Aliyev pointed out that there are very good results in the economic sphere.
“Our trade turnover has grown by more than 70 percent last year. This is the result of the agreements reached,” said Ilham Aliyev, adding that all the signed documents are being realized.
“Eighteen documents were signed last year alone during my visits to Iran and President Rouhani’s visits to Azerbaijan. Two additional documents have been signed today. This creates a strong legal framework for our relations. The Iranian side has started to make investments in Azerbaijan and we are grateful for that,” added President Aliyev.
At the same time, as President Rouhani said, Azerbaijan has also mobilized great volumes of financial resources for construction of Rasht-Astara railway, added Ilham Aliyev.
“A year ago, I said in this hall that Azerbaijan will build its railway up to the Azerbaijani-Iranian border in 2016. We have achieved that. It is already a reality. Even a railway bridge has been constructed and commissioned over the Astara River. The first train has recently crossed the border through the newly-built bridge,” said Azerbaijan’s president.
Ilham Aliyev pointed out that the North-South Transport Corridor project, jointly implemented by Azerbaijan and Iran, is a historical event.
“This project also makes great contribution to regional cooperation. The number of trilateral formats is increasing in the region. Great success has been achieved in the energy sector. We connect our power lines and are making exchange,” said President Aliyev.
He further noted that there are good opportunities for cooperation in the oil and gas sector.
“Iranian company is an active participant and investor of the Shah Deniz 2 project. There was held a broad exchange of views today for carrying out joint oil and gas operations in the Caspian Sea,” said President Aliyev. “I would like to especially mention the activities of the joint economic commission. The commission operates very actively and executes all orders of presidents in time and at the high level.”