BAKU — Azerbaijani President Ilham Aliyev highlighted the critical role of the North-South transport project in bolstering interstate relations between Azerbaijan and Russia during a joint press conference with Russian President Vladimir Putin.
According to Azeri-Press News Agency, The North-South project, aimed at enhancing regional transportation corridors, has seen significant developments, particularly in its implementation in Azerbaijan. “We discussed in detail the implementation of the North-South project, which is crucial not only for our interstate relations but also for issues related to regional transport corridors and transport routes,” President Aliyev said. He noted that Azerbaijan has fully implemented the railway and road segments of this corridor and is actively working on modernizing the railway section to boost its capacity to potentially handle 15 million tons of cargo annually. The president revealed that approximately $120 million has been allocated this year for these modernization efforts.