According to the Azerbaijani Ministry of Economy, a railway bridge will be laid in Astara over the river of the same name on April 20. It will connect two towns of the same name in Azerbaijan and Iran.
After the ceremony, the meeting of co-chairs of the intergovernmental commission on economic, trade and humanitarian issues will take place. Baku is represented by a delegation headed by the Minister of Economy Shahin Mustafayev, and Tehran is represented by a delegation headed by the Minister of Communications and ICT Mahmoud Vayezi.
Recall, according to the plans for the implementation of the transport corridor North-South, along with the construction of the bridge, an 8-kilometer stretch of the railway will be built on the territory of Azerbaijan and a 2-km section will be built in Iran. This will let transport goods from India, South Korea and China through the Iranian port Bandar Abbas on transit through Azerbaijan to Russia, Georgia, Ukraine, etc. --17D-
Economics
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In recent months, an increase in the price of butter has been observed in Azerbaijan. Notably, this is the third price hike within a year. According to consumers, certain brands of butter that cost 19 manats per kilogram at the end of last year are now being sold for 24 manats, marking a nearly 30% increase.
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Azerbaijan has signed an "Agreement on Project Implementation" with China’s BYD Company Limited (BYD) to establish a domestic production line for electric buses, officials announced.
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Russia has reduced its greenhouse gas emissions by more than twofold from the 1990 baseline, Russian Prime Minister Mikhail Mishustin announced at the COP29 climate summit.
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Georgian Prime Minister Irakli Kobakhidze announced that Georgia will present its updated Nationally Determined Contribution (NDC 3.0) by 2025, signaling the country’s renewed climate ambitions during his speech at the COP29 summit in Baku on Wednesday.
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