• $ 1.7
  • € 1.9609
  • ₽ 0.021026
  • ₺ 0.0404
  • £ 2.2342

Azerbaijan, Iran plan power line linking East Zangazur and Nakhchivan via Iran

Azerbaijan, Iran plan power line linking East Zangazur and Nakhchivan via Iran
09.04.2025 12:00

Azerbaijan and Iran plan to build a power transmission line linking Azerbaijan’s East Zangazur economic region with the Nakhchivan Autonomous Republic via Iranian territory, officials said after a meeting between Azerbaijani Deputy Prime Minister Shahin Mustafayev and Iranian Minister of Roads and Urban Development Farzaneh Sadeghi in Baku.

Both sides expressed confidence that the project would enhance regional energy security and deepen bilateral cooperation in the electricity sector.

The meeting also covered the expansion of economic ties. In 2024, bilateral trade increased by 32%. Officials highlighted strong potential for further cooperation in trade, investment, transport, energy, oil and gas, agriculture, and humanitarian sectors.

Cargo traffic between the two countries rose by 20% in 2024, while transit shipments grew by more than 23%.

The two sides emphasized the importance of cooperation on developing the North–South and East–West transport corridors. Discussions included construction of the Astara freight terminal and a new road-pedestrian bridge over the Astara River on the border.

They also discussed establishing road and rail links between Aghband (Azerbaijan) and Kalala (Iran), along with the necessary border and customs infrastructure.

Officials said new routes under development – such as Aghband–Jabrayil–Aghdam–Yevlakh–Georgia and Aghband–Lachin–Kalbajar–Ganja–Georgia – will boost regional cargo and passenger traffic and become key links between the Persian Gulf and the Black Sea.

N.Tebrizli

Similar news
Similar news
Azerbaijan’s economy projected to grow 2.9% in 2026
Business 18:00
Azerbaijan’s economy projected to grow 2.9% in 2026
Azerbaijan’s strategic reserves are 17 times larger than its foreign debt
Business 17:30
Azerbaijan’s strategic reserves are 17 times larger than its foreign debt
Экономика Азербайджана вырастет на 2,9% в 2026 году
Business 17:20
Экономика Азербайджана вырастет на 2,9% в 2026 году
Azerbaijan expects the current account surplus to continue through 2030
Business 17:00
Azerbaijan expects the current account surplus to continue through 2030
Azerbaijan’s public debt declines – finance minister
Business 16:30
Azerbaijan’s public debt declines – finance minister
Azeri Light crude rises to $66.43 a barre
Business 13:30
Azeri Light crude rises to $66.43 a barre
Gold rises to $3,995 per ounce
Business 12:30
Gold rises to $3,995 per ounce
Oil prices edge lower on global markets
Business 11:30
Oil prices edge lower on global markets
Azerbaijan central bank announces exchange rates
Business 09:30
Azerbaijan central bank announces exchange rates
Anews TV

Our official Youtube channel

Subscribe