Putin eager to talk trade with leaders of Iran, Azerbaijan

Cheryl Sanders
August 8, 2016

Masoumeh Ebtekar who is among President Rouhani's entourage in his Baku visit, met on Monday with Ministry of Ecology and Natural Resources of Republic of Azerbaijan Huseingulu Bagirov.

Azerbaijan, Iran and Russian Federation may strengthen their trilateral cooperation in fight against terrorism, said Mohsen Pak Aein, Iranian Ambassador to Azerbaijan. Leaders of Azerbaijan, Iran, Russia are meeting in Baku to focus on boosting trade.

On Sunday, top officials from Iran and Azerbaijan signed six Memoranda of Understanding (MoUs) and agreements to promote mutual cooperation in a range of fields.

Putin told Aliyev that the trilateral talks would allow the three countries to implement new projects in the Caspian Sea, including in the energy and transport sectors.

"President [of Iran Hassan] Rouhani suggested the next meeting of the three heads of state be held in Iran".

The North-South corridor running between Russian Federation and India is meant to reduce freight costs and increase trade along the route. The route through Azerbaijan and Iran is meant to increase trade by significantly reducing freight costs.

Earlier, Russian President Vladimir Putin said that the countries have very good prospects of activization of anti-terrorist and anti-drug cooperation in a trilateral format, Ria Novosti reported.

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