The Islamic Republic of Iran and Azerbaijan have signed a Memorandum of Understanding (MoU) on the expansion of railway cooperation, AzVision.az reports citing Mehr news.
Deputy Minister of Roads and Urban Development Saeed Rasouli signed a Memorandum of Understanding (MoU) with Chairman of Azerbaijan Railways Closed Joint-Stock Company Gurbanov Javid on the expansion of railroad cooperation on Monday.
According to the memorandum, both sides agreed to expand their railroad cooperation to a transit limit of two million tons a year and facilitate railroad developments.
The volume of cargo transit between the two countries increased to 480,000 tons in 2020 despite the outbreak of coronavirus.
More about: Azerbaijan Iran
