Leaders of Russia, Iran and Azerbaijan met on Monday to discuss a new transport corridor and other economic projects in the Caspian Sea region.
A prospective railway link between Iran and Azerbaijan is expected to become part of a transport corridor that would run from India all the way to St. Petersburg in Russia, providing a faster and cheaper alternative to existing sea routes.
"The North-South transport corridor would be highly efficient," Azerbaijani President Ilham Aliyev said during the talks. He added that construction is already under way to link Azerbaijani and Iranian railways.
Prior to the trilateral talks, Russia's President Vladimir Putin met...