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Azerbaijan, Iran to mull North-South corridor’s implementation (UPDATE)

Business Materials 27 December 2016 15:23
Azerbaijan and Iran will discuss the second stage of implementation of the International North-South Transport Corridor.

Details added (first version posted on 12:57)

Baku, Azerbaijan, Dec. 27

By Anvar Mammadov – Trend:

Azerbaijan and Iran will discuss the second stage of implementation of the International North-South Transport Corridor, said Azerbaijani Economy Minister Shahin Mustafayev.

Mustafayev made the remarks during the meeting of the Azerbaijan-Iran intergovernmental commission in Baku Dec. 27.

The first stage of implementation of the North-South transportation corridor is nearly completed, said the minister.

“We are already completing the construction of the railway till the Iranian border and the railway bridge over the Astara River,” added Mustafayev.

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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