• $ 1.7
  • € 2.0166
  • ₽ 0.0223
  • ₺ 0.0391
  • £ 2.326

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
Gold jumps more than 5%
Business 17:00
Gold jumps more than 5%
Networking meeting organized at Yelo Bank for female entrepreneurs in the healthcare sector
Business 13:54
Networking meeting organized at Yelo Bank for female entrepreneurs in the healthcare sector
Azerbaijan’s monetary base posts slight increase in January
Business 12:39
Azerbaijan’s monetary base posts slight increase in January
Azerbaijan’s Azeri Light crude falls more than $3 a barrel
Business 10:09
Azerbaijan’s Azeri Light crude falls more than $3 a barrel
Exchange rates announced for February 3
Business 09:47
Exchange rates announced for February 3
Gold and Silver Prices Plunge as Trump’s Fed Pick Signals Stronger Dollar
Business 17:00
Gold and Silver Prices Plunge as Trump’s Fed Pick Signals Stronger Dollar
Oil Prices Slump Over 4% as U.S.–Iran Tensions Show Signs of Easing
Business 16:30
Oil Prices Slump Over 4% as U.S.–Iran Tensions Show Signs of Easing

A Bright opportunity from Yelo Bank for female entrepreneurs!
Business 16:00
A Bright opportunity from Yelo Bank for female entrepreneurs!
Bitcoin falls below $75,000 for the first time since April 2025
Business 13:30
Bitcoin falls below $75,000 for the first time since April 2025
Anews TV

Our official Youtube channel

Subscribe