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Iran signs maritime MOU with Azerbaijan

Iran signs maritime MOU with Azerbaijan

Tehran: Iran and Azerbaijan have signed an agreement to cooperate in maritime trade and shipping, expressing interest in cooperation in the Caspian Sea, reports PressTv. The two countries are to co-operate on a number of sectors including expansion of transportation ties, especially in activities relating to shipping and ports.

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.  [12/05/08]