North-South

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Russia and Azerbaijan to coordinate railway operations

Russia and Azerbaijan to coordinate railway operations

Moscow hosted a bilateral meeting of CJSC Azerbaijan Railways’ director general Javid Gurbanov and President of Russian Railways Oleg Belozerov, Russian Railways said. During the meeting, the …

Azerbaijan to build Astara unloading terminal in Iran

Azerbaijan to build Astara unloading terminal in Iran

Head of Azerbaijan Railways CJSC Javid Gurbanov and president of the Iran Railways Saeed Mohammadzadeh have signed an agreement within the framework of the 'Construction and operation of Astara loading …

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 …