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2008 May 12   12:46

Iran, Azerbaijan sign maritime MoU

Iran and Azerbaijan have signed an agreement to cooperate in maritime trade and shipping, expressing interest in cooperation in the Caspian Sea.
In the joint Iran-Azerbaijan ports and maritime cooperation commission the two countries' officials stressed the expansion of cooperation in various fields, including expansion of transportation ties, especially in activities relating to shipping and ports, IRIB reported.
Compliance with maritime safety regulations and inspection rules as well as environmental issues in the Caspian Sea are among the key points of the MoU signed between the two sides, said a senior official with Iran's Ports and Shipping Organization.
The Azeri delegation visited the facilities and investment projects at the Imam Khomeini Port. They also discussed and exchanged views with the officials of Tide Water and Kaveh companies on possibilities for joint investments and transportation of transit products.

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