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Iran-Azerbaijan Joint Economic Committee chairmen hold talks in Baku

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Iran’s Minister of Transport and Urban Development Mehrdad Bazrpash and Deputy Prime Minister of the Republic of Azerbaijan Shahin Mustafayev held talks as the chairmen of the Iran-Azerbaijan Joint Economic Committee in Baku to discuss bilateral ties and issues of mutual interest.

During the meeting, the two sides negotiated over promoting cooperation, border facilities, joint rail and road projects, and the International North-South Transport Corridor (INSTC) as part of developing mutual relations, the portal of the Iranian Transport Ministry reported.

The sides also discussed the details of an agreement to build a railroad passing through Iran that will link Azerbaijan with Nakhchivan.

As reported, the two sides signed a letter of intent for the construction of a bridge on the Aras River as the first step for constructing the mentioned railroad.

Based on the signed document, the Azeri side will fund the project for constructing a bridge for the railway line which will be built parallel to Aghband, which is a bridge for the passage of cars on the river.—Tehran Times

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