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Azerbaijani, Russian, Iranian leaders to mull North-South project in Baku

12 July 2016 11:44 (UTC+04:00)
Azerbaijani, Russian, Iranian leaders to mull North-South project in Baku

The North-South railway transportation corridor project will be discussed during the meeting of Azerbaijani, Russian and Iranian presidents in Baku in August, said Azerbaijan’s Foreign Minister Elmar Mammadyarov.

He made the remarks during the joint briefing with Russia’s Foreign Minister Sergey Lavrov in Baku on July 12.

Mammadyarov noted that the North-South project has great economic prospects.

The exact date of the presidents’ meeting will be set in August, according to Azerbaijan’s foreign minister.

North-South transportation corridor is meant to connect Northern Europe to South-East Asia. It will serve as a link for connecting the railways of Azerbaijan, Iran and Russia.

At the initial stage, it is planned to transport 5 million tons of cargo via the North-South corridor and further to bring this figure to over 10 million tons.

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