Tag Archives: Caspian Sea States

The project is currently in its construction phase. which started in 2016.

The total cost for the entire Southern gas corridor is close to $40 billion.

The project supports Azerbaijan’s target of producing 30% of its electricity needs from renewable energy sources by 2030.

The Azerbaijan-Russia-Iran electricity corridor has vast potentials for energy cooperation among the three neighbors.

A specialized exhibition of Iranian goods and services. and a joint business forum were held in Tajikistan’s capital Dushanbe.

Tajikistan tries to develop economic convergence with foreign states. including the Islamic Republic of Iran.

Ali Shamkhani highlighted the importance of closer relations with Tajikistan and said the Islamic Republic sees no limit on developing cooperation with the Central Asian country.

Minister of Finance of the Republic of Tajikistan Qahhorzoda Faiziddin Sattor stressed the expansion of economic cooperation with Iran.

Chief Executive of Iran Water &. Power Resources Development Company said that the Islamic Republic will complete the construction of Esteghlal Tunnel in Tajikistan.

Iran and Azerbaijan have many capabilities and should further develop their relations. highlighting that cooperation in the banking sector is of prime importance for strengthening economic ties.