Bank Of Baku

Tehran to host North-South Corridor trilateral meeting

Tehran to host North-South Corridor trilateral meeting
# 15 December 2009 08:05 (UTC +04:00)
Baku. Rashad Suleymanov – APA-ECONOMICS. The meeting of senior officers of railway administrations of Iran, Azerbaijan and Russia are meeting in Tehran on the International North-South Transport Corridor Project from December 20 to 23, said Nadir Azmammadov, Press Secretary of Azerbaijan State Railways Company.

According to him, the parties will discuss the progress of Gazvin-Rasht railroad in Iran, as well as other issues like technica-economic matters, establishment of a common consortium, a financing mechanism etc.

Russia, Iran and India launched negotiations on establishment of the North-South Corridor in September, 2000 and final agreement was reached on May 11, 2002. Azerbaijan joined the project in 2005.
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THE OPERATION IS BEING PERFORMED