North-South

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Russia, Azerbaijan and Iran to cut rail tariffs by 50%

Russia, Azerbaijan and Iran to cut rail tariffs by 50%

A trilateral meeting between Russia, Azerbaijan and Iran agreed to reduce railway tariffs by 50% in order to activate North-South Transport Corridor. Representatives of the three countries exchanged views at a trilateral meeting in …

ADB to review loan for North-South project by late summer

ADB to review loan for North-South project by late summer

The Asian Development Bank has postponed the allocation of a $200 million loan for the North-South Transport Corridor and Azerbaijani Railways. The Bank’s management review meeting was postponed from April 15 to August 25, 2017. …

Iranian ICT Minister to visit Baku

Iranian ICT Minister to visit Baku

Minister of Communications & Information Technology of Iran Mahmoud Vaezi is coming to Baku. The Ministry of Economy informs that the Iranian ICT Minister and co-chair of the Azerbaijan-Iran Intergovernmental …

Nord Stream 2 gas pipeline project contradicts EU interests

Nord Stream 2 gas pipeline project contradicts EU interests

The Nord Stream 2 project for a gas pipeline from Russia to Germany is contrary to the European interests, and may have counterproductive effects on the European energy security, the members of the EU Parliament said …

Russia and Azerbaijan establish AzRusTrans company

Russia and Azerbaijan establish AzRusTrans company

Russia and Azerbaijan have established a joint venture in the framework of the development of the international transport corridor 'North-South': the company, established by the Russian carrier 'Rusagrotrans' and the Azerbaijan …

Realization of ‘North-South’ project

Realization of ‘North-South’ project

The infrastructure projects, which are designed to strengthen the country's transit potential, play an important role in the development of the rail roads in Azerbaijan