Monday, January 10, 2005

Iran, Azerbaijan to construct Shah Takhti bridge: Minister Ali Sufi

Iran, Azerbaijan to construct Shah Takhti bridge: minister: "Iran, Azerbaijan to construct Shah Takhti bridge: minister

TEHRAN, Jan. 10 (MNA) – Iranian Minister of Cooperatives Ali Sufi said on Monday that the Islamic republic of Iran and the Azerbaijan Republic are making preparations for construction of Shah Takhti bridge with credits worth over Rls.10bn.
He added that the two countries have reached the agreement to construct Astara-Baku Road at credits worth over $40m financially supported by Iran.

Underlying Iran’s cooperation in setting up Ordubad hydropower plant to supply electricity for Nakhichevan, the minister said that Iran and Azerbaijan have also agreed on building Astara Bridge to Azerbaijan.

Sufi stressed that the two parts will boost their transportation cooperation through establishment of Qazvin-Rasht-Astara railroad.

Furthermore, Tehran and Baku have reached the agreement on the customs issues as well as facilitating the traveling of the Iranian and Azerbaijani citizens in the frontier regions, he noted.

In conclusion, Sufi expressed satisfaction on the recently made memoranda of understanding (MOU) by Iran and Azerbaijan as well as the increase of the bilateral cooperation."


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