Azerbaijan and Iran have reached an agreement

Azerbaijan and Iran have reached an agreement

Iranian and Azerbaijani officials have agreed to build a road bridge over the Astarachay border river.

The statement came from the Iranian Deputy Minister of Roads and Urban Development Kheyrullah Khademi.

It was noted that the bridge, which will be built in 15 months, will be 97 meters long and 32 meters wide.

It was announced that the construction will be completed with the joint investment of the Iranian and Azerbaijani governments.

Earlier, Armenia and Iran explored bilateral transportation liberalisation. Vahan Kerobyan, the Minister of Economy, revealed this in parliament during the discussion of the proposed state budget for 2022. He mentioned discussing the subject with Iran's Minister of Roads and Urban Development, Mohammad Eslami, in May.

On November 28, Azerbaijan and Iran reached an agreement to trade natural gas with Turkmenistan, cementing their economic reconciliation just months after a major political crisis between the two neighbours.

The deal was concluded when the presidents of Azerbaijan and Iran met in Ashgabat on November 28.

The new gas swap agreement clarified one of the fundamental components of the accord. It will carry 1.5 to 2 billion cubic meters of gas each year, with Turkmenistan supplying gas to Iran and Iran delivering an equal quantity of gas to Azerbaijan independently.

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