Azerbaijan, Iran, and Russia Sign Memorandum of Understanding

According to Azerbaijani media sources, a memorandum of understanding has been signed between Azerbaijan, Iran, and Russia, emphasizing the importance of developing long-term trilateral cooperation and enhancing the efficiency of the western segment of the North-South corridor.

The document outlines the harmonization of tariff approaches, the establishment of a unified comprehensive tariff, the launch of regular block train services, and the improvement of transport procedures. The implementation of these mechanisms, according to the publication, will create a more predictable, faster, and cost-effective logistics chain between Russia, Azerbaijan, and Iran.

Overall, the agreement strengthens the positions of the parties in international transport corridors and creates conditions for sustainable growth of transit flows in the region.