Iranian Foregn Minister Mohammad Javad Zarif has appointed Ibragim Rahimpoor a special representative for the Caspian diplomacy, Fars news agency reported on Wednesday.
His duties include talks and meetings with the representatives of other Caspian basin states – Azerbaijan, Russia, Kazakhstan and Turkmenistan – as well as coordination of activities of the Ministries and agencies responsible for solution of Iran’s internal problems related to the Caspian Sea.
Previously Deputy Foreign Minister Mohammad Mehti Ahundzada was Iran’s special representative for Caspian diplomacy.
Among the main goals of Ibragim Rahimpoor on this position will be defending Iran’s interests in the field of the Caspian Sea status. The Iranian officials insist on equal division of the Caspian Sea between the littoral states, which means each country will get 20% of economic zone. This is in Iran’s best interests, because if the Caspian Sea is divided along the medium line, as Azerbaijan, Kazakhstan and Russia have already done, Iran will get no more than 13%. By insisting on this type of the Caspian Sea division, Iran does not support the juridical solution to the issue, but it would like to achieve some political dividends.—0--
Economics
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Azerbaijan Railways CJSC (AZD) transported 713,699 passengers in January 2025, marking a 15% increase compared to the same period last year, the company said on Tuesday.
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Last week, Azerbaijani media reported an impending increase in retail bread prices, attributing the rise to an increase in product weight. The following day, an official notification confirmed that the government had no intentions of sanctioning a bread price hike in the country. However, the threat of a price increase for this staple food remains for another reason.
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S&P Global Ratings has revised its risk assessment of Azerbaijan’s banking sector, upgrading the outlook from "stable" to "positive."
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In recent days, there have been claims that bread prices in Azerbaijan have risen. Social media users report that the price of bread has increased by 5-10 qepiks. According to consumer complaints, it is difficult to find weight information on factory-produced bread, commonly known as "zavod çörəyi" in Azerbaijan. In many cases, bread packaging does not include weight details. Similarly, bread sold at smaller bakeries and tandir houses often lacks information apart from the price.
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