Iran, Azerbaijan Discuss INSTC, Bilateral Ties


Iran, Azerbaijan Discuss INSTC, Bilateral Ties

TEHRAN (Tasnim) – Iran's Roads and Urban Development Minister Mehrdad Bazrpash and First Deputy Prime Minister of Republic of Azerbaijan Shahin Mustafayev in a telephone conversation on Wednesday discussed the International North-South Transport Corridor (INSTC).

During the phone call, the two sides talked about the development of economic relations between Iran and Azerbaijan and the completion of the INSTC and expressed hope for the improvement of political relations. 

As the chairman of the Iran-Azerbaijan Joint Economic Commission, Bazrpash emphasized implementing projects on the agenda, according to the website of the Ministry of Roads and Urban Development.

Bazrpash pointed to the strategic importance of the INSTC and expressed hope for improving political relations between Iran and Azerbaijan.

The Azeri first deputy prime minister expressed his satisfaction with the improvement of relations between the two countries and stressed the development of trade and economic cooperation. 

The two sides discussed other areas of cooperation within the Joint Economic Commission including transportation, transit, water, energy, etc.

In September 2022, following the first trilateral meeting of Iran, Azerbaijan, and Russia dedicated to the prospects of the INSTC in Baku, the parties signed a trilateral statement for the development of the INSTC.

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