The Iranian Minister of Road and Urban Development Farzaneh Sadegh is scheduled to visit Baku next week to take part in the tri-lateral meeting between Azerbaijan, Iran and Russia to exchange views on the development of the International North–South Transport Corridor (INSTC).
“The Baku meeting will discuss the projects related to the completion of the North-South Corridor,” the Director of International Relations Center of the Ministry of Road of Urban Development Amin Tarrafo said.
It is going to discuss increasing the transport capacity of the corridor, accelerating the movement of the trucks, and simplifying and streamlining the customs procedures, ILNA news agency quoted him saying.
“Another major item on the agenda of the upcoming Baku meeting is the energy corridor as Azerbaijan, Iran and Russia plan to connect their energy networks,” he added.
The INSTC is a 7,200-km long multi-mode route of road, rail and ship for moving freight between Azerbaijan, Central Asia, Europe, India, Iran, and Russia and increases connectivity between Mumbai, Bandar Abbas, Bandar Anzali, Baku, Astarakhan and Moscow.
Local news media in Azerbaijan quoted the Cabinet of Ministers who said the two-day meeting which opens next Monday will focus on strengthening cooperation in the fields of transport and logistics, energy, and customs.
The delegations will be led by Deputy Prime Minister of Azerbaijan Shahin Mustafayev, Iranian Minister of Transport and Urban Planning Farzaneh Sadegh, and Deputy Prime Minister of Russia Alexey Overchuk.
Iran's Sadegh and Azerbaijan's Mustafayev last met in Tehran in September. They both co-chair the Azerbaijan-Iran Joint Economic Cooperation.
The Iranian President Masoud Pezeshkian said that Tehran is interested in expanding its relations with Baku in all political, economic, and cultural fields. He made the comment during a meeting with the deputy premier of Azerbaijan last month.
He stated that there was “no obstacle in the path of developing interactions and cooperation” between the two countries adding that Iran wants enhanced relations with the neighbouring and Islamic countries
President Pezeshkian also came to Baku on a state visit back in April where Mustafayev said that President Aliyev had asked him to emphasise on the agenda, the serious and diligent implantation of agreements that were reached during that visit.
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SOCAR’s Carbamide plant in Sumgayit has been recognised by the World Economic Forum (WEF) as a Global Lighthouse site, marking Azerbaijan’s first inclusion in the Forum’s flagship Industry 4.0 network.
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Russian President Vladimir Putin said on Wednesday that Moscow could pay $1 billion from Russian assets frozen abroad to secure permanent membership in President Donald Trump’s proposed ‘Board of Peace’.
President Donald Trump said on Thursday that the United States has an "armada" heading toward Iran but hoped he would not have to use it, as he renewed warnings to Tehran against killing protesters or restarting its nuclear programme.
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Turkish President Recep Tayyip Erdoğan has told his Iranian counterpart Masoud Pezeshkian that Türkiye opposes any form of foreign intervention in Iran, as protests and economic pressures continue to fuel tensions in the Islamic republic.
The Turkish Defence Ministry has called for the Syrian Democratic Forces (SDF)’s “unconditional compliance” with the 18 January ceasefire agreement between the Kurdish-led militant group and Damascus.
The claim that U.S. President Donald Trump's intervention stopped the execution of 800 detainees is "completely false", said prosecutor-general of Iran, Mohammad Movahedi on Friday (23 January). According to him, the number cited by Trump does not exist and the judiciary has made no such decision.
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SOCAR’s Carbamide plant in Sumgayit has been recognised by the World Economic Forum (WEF) as a Global Lighthouse site, marking Azerbaijan’s first inclusion in the Forum’s flagship Industry 4.0 network.
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