Bank Of Baku

3 international agreements on North-South project signed in Tehran

3 international agreements on North-South project signed in Tehran
# 08 February 2011 11:19 (UTC +04:00)
According to IRINN, 3 documents have been signed at the end of meeting, in Tehran.

First document covers the completion of North-South Corridor, the second document covers construction of railways between Iran and Russia, including in Iran, electrification of Tehran-Bandar Abbas railway and other cooperation in railway spheres, the third document covers development of cooperation on railway sphere between Azerbaijan and Iran.

Head of Iranian Railways Department Sahib Mohammadi says that the length of North-South transport corridor’s Iran segment makes 1700 km, 511 km in Azerbaijan’s area (Astara-Yalama) and this will be linked with infrastructure in Russia’ area”.

According to him, the main important time of North-South corridor is the organization of Gazvin-Rasht-Astara railway: “This project I important for three countries. Because of the cargos will be transported, quickly. The transportation will take 25 days”.

Note that, Azerbaijan was presented by Chairman of Azerbaijan Railway CJSC Arif Asgerov.
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