Azerbaijan

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Tehran-Baku-Tabriz flights launched

June 17, 2016 Iran’s Ata Airline launched flights en route Tehran-Baku-Tabriz from June 16. The airline’s representative Nader Shayesteh stated that the flights are performed by Airbus aircraft which has the capacity of 145 people. “The flights to both cities will be performed twice a week on Mondays and Thursdays,” he added. The cost of [...]

By |June 17th, 2016|Azerbaijan|

Iranian carmaker calls for co-op with Azerbaijan, Turkey

June 16, 2016 An Iranian car maker has called for expansion of trilateral ties with Turkish and Azerbaijani carmakers. In an interview with Trend, the vice-chairman of the board of directors of Iran's Rakhsh Khodro Diesel Company, Akbar Mirza-Hosseini, said that there are several areas for cooperation between Iranian, Azerbaijani and Turkish carmakers. According to [...]

By |June 16th, 2016|Azerbaijan, Turkey|

Iran-Azerbaijan-Russia: Competency of a new economic alliance

June 13, 2016 Iran, a large market with an 80-million population, has found itself in the center of interest from the world's economic powers following removal of international sanctions, as the historic nuclear deal came into force in mid-January. Alongside with the EU, which is already trying to benefit from the new conditions, Iran's traditional [...]

By |June 14th, 2016|Azerbaijan, Russia|

Iran, Azeris agree on loan for rail construction work

June 12, 2016 Iran and the International Bank of Azerbaijan agreed on the generalities of issuing a $500-million loan for the construction of Rasht-Astara railway section, said a report. The railway section, which will link Iran and Azerbaijan via Astara, is expected to cost about $1.1 billion, half of which will be made available by [...]

By |June 12th, 2016|Azerbaijan|

Iran, Azerbaijan to expand transportation cooperation

June 9, 2016 Managing Director at Iran's Construction & Development of Transportation Infrastructures Company Ali Noorzad and Deputy Road Minister Aref Asgarev on Thursday discussed Tehran-Baku transportation cooperation. Iran, Azerbaijan to expand transportation cooperation Iran's ambassador to Baku Mohsen Pakaeen was also present in the meeting. Noorzad told the Azeri party that important works have [...]

By |June 10th, 2016|Azerbaijan|

Iran supports Azerbaijan’s territorial integrity – deputy FM

  June 3, 2016 Iran fully supports the territorial integrity and sovereignty of Azerbaijan, said Iranian Deputy FM Hadi Soleimanpour. The deputy FM said Iran is against changing international recognized borders. Iran supports complete fulfillment of the UN Security Council resolution, Soleimanpour noted. “We have taken an active role in the work of the contact [...]

By |June 3rd, 2016|Azerbaijan|

Iran, Azerbaijan to increase electricity trade to 500 MW

May 28, 2016 Iran and Azerbaijan will increase their electricity trade to 500 megawatts (MW), Iran's Deputy Minister of Energy Houshang Falahatian said. The needed electricity trade infrastructures will be completed within one month, Falahatian said, state-run IRINN TV reported May 26. He said that currently electricity trade between Tehran and Baku stands at 10 [...]

By |May 29th, 2016|Azerbaijan|

Azerbaijan, Iran agree on spectrum use in border areas

May 21, 2016 Azerbaijan and Iran have agreed on spectrum use in border areas.The parties monitored the bands used by both states for GSM and TV  services and formed a protocol based on the findings. This has now been signed. The document is focused on the efficient and equal use of spectrum in order to avoid collisions [...]

By |May 21st, 2016|Azerbaijan|

Azerbaijan, Iran ready to boost agriculture cooperation

May 17, 2016 Azerbaijan and Iran have defined directions of cooperation in the sphere of agriculture. The cooperation in the sphere of agriculture was one of the main issues during the Azerbaijan-Iran business forum held in Baku May 16. Iranian delegation led by the country's Agriculture Minister Mahmoud Hojjati included the country's officials, as well [...]

By |May 17th, 2016|Azerbaijan|

Iran Khodro to set up assembly line in Azerbaijan

May 8, 2016 Leading Iranian vehicle manufacturer Iran Khodro Company (IKCO) has signed a letter of understanding with an Azerbaijani company to assemble completely knocked down (CKD) vehicles in Azerbaijan, said a report. IKCO would not make any investment in Azerbaijan but the partnership with the Azeri company is limited to technical and engineering services [...]

By |May 8th, 2016|Azerbaijan|