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Tag Archives: Iran

Azerbaijani, Russian, Iranian railways to be joined


Advantageous location of Azerbaijan makes it a perfect transit point between the main players in the greater region such as Russia and Iran. Joint project of the countries bring benefits and develop trilateral relations. Addressing the 15th meeting of the Iran-Russia Joint Committee on Economic and Trade Cooperation held in …

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Water surface of Iran’s Urmia Lake expands

Urmia Lake

The surface area of the Urmia Lake in north-west Iran has increased by 829 square kilometers, Agil Agdasi, an official with Reagional Water Company of Iran’s East Azerbaijan province, told IRNA, Trend reports. He noted that the lake’s water surface has reached 3,231 square kilometers. Currently, water volume of the lake is …

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Iran, Azerbaijan and Russia to establish joint railroad company

Iran,Azerbaijan and Russia

“Iran jointly with Azerbaijan and Russia will establish a railroad company,” said Deputy Director of the Iranian Railway Company Babak Ahmadli. He noted that the joint venture will increase transit goods as well as accept orders of the businessmen and state-owned companies. Ahmadli underlined that the sides already reached agreement. …

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Iran exports goods worth $442 m to Azerbaijan

Iran and Azerbaijan

Iran has exported goods worth $441,824,000 to Azerbaijan last year, according to Iran `s Trade Promotion Organization. Azerbaijan is the 12th largest importer of Iranian goods. Last year Iran exported goods worth $281 billion to Russia and $2.4 billion to Turkey. “Economic relations between Iran and Azerbaijan are rapidly developing,” …

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Azerbaijan, Iran to produce buses

Azerbaijan and Iran

The intensification of economic relations between Azerbaijan and Iran helps to achieve real results. The local auto making industry has already seen the practical outcome of this fruitful cooperation. Azerbaijan-Iran Business and Investment Forum was held in Baku on March 14. Speaking at the event, Minister of Economy Shahin Mustafayev …

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