Tag Archives: Ilham Aliyev

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

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.

Azerbaijani Ambassador to Tehran Bunyad Huseynov said that his country is interested in further expanding commercial and economic ties with Iran. the lauded the significant 74% growth in the volume of bilateral trade.

All the five littoral states have been trying to reach a solution on the issue.

Iranian and Azeri officials in a meeting conferred on ways to further increase cooperation and reinvigorate relations between the two neighboring states amid the US sanctions against Tehran.

Presidents of Iran. Russia. and Azerbaijan will convene in the Russian resort city of Sochi in August to further work on ways to boost tripartite cooperation to form a strong regional bloc of trade and transit.

The rise in prices thanks to output cuts has brought roughly an additional $110 billion in revenues to Russia.

Aliyev said that friendly relations between Iran and Azerbaijan have expanded.

The new refinery will supply 4.8 million tons per year of diesel.

The Southern Gas Corridor is one of the priority projects for the EU.