Baku, Tehran Push For Joint Industrial Town, Logistics Hub
The Iran-Azerbaijan Joint Economic Commission is scheduled to convene in Tehran next week, with Azerbaijani Deputy Prime Minister Shahin Mustafayev expected to attend, Azernews reports via Iranian media.
Hossein Pirmoazzen, Deputy Chairman of the Iranian Chamber of Commerce, Industry, Mines and Agriculture, said the agenda includes the establishment of a logistics port and a joint industrial town in the Bilasuvar Free Trade and Industrial Zone. These projects, he stressed, are being advanced with the approval of the presidents of both countries and the commission itself.
Pirmoazzen highlighted that the upcoming commissioning of the Ardabil-Baku railway will ease access to Russia, cut logistics costs, and create new opportunities for regional agricultural exports.
He also noted progress in customs procedures, emphasizing that truck waiting times at the border have already been reduced from one week to 48 hours. With a shift to a 24-hour customs regime, he added, shipment volumes could increase even further.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research

- Motif AI Enters Phase Two Of Its Growth Cycle
- 1Inch Unlocks Access To Tokenized Rwas Via Swap API
- Kucoin Presents Kumining: Embodying Simple Mining, Smart Gains For Effortless Crypto Accumulation
- With Seal, Walrus Becomes The First Decentralized Data Platform With Access Controls
- Jpmorgan Product Head Joins GSR Trading MD To Build Institutional Staking Markets
- Innovation-Driven The5ers Selects Ctrader As Premier Platform For Advanced Traders
Comments
No comment