NewsCode : 188749 | Date: 11/9/2017 | Time: 11:51 PM | Service: Economy - Economy

Tehran, Baku, Moscow, Minsk ink MoU to develop N-S int'l corridor

Iran, Azerbaijan, Russia and Belarus on Wednesday signed an agreement to develop North-South international transport corridor.

The two-day Iran-Azerbaijan-Russia-Belarus quadrilateral session on completion of North-South International Transportation Corridor opened in Baku, Azerbaijan, on Tuesday.

The two-day meeting was headed by member of Iran State Railway Managerial Board Hossein Ashuri as the Russian chair was Pavlovsky Vyacheslav Alfredovich, the vice-president of Russian Railways, Azeri deputy railway Iqbal Hussain and First Deputy Head of Belarusian Railways Igor Shilov.

The two-day expert meeting focused on facilities for growing wagon and container transportation via international north-south corridor, using appropriate, coordinated and competitive tariff in the corridor and price coding for use of wagons for transportation.

Talking to IRNA, Director General of the International Affairs Department in Iran State Railway Abbass Nazari said on Wednesday that completion of the north-south transportation corridor was the topic figuring prominently in talks between Iranian, Azeri and Russian presidents in Tehran.

The specialized session in Baku will also study important issues for activation of the international corridor, he added.