President Ilham Aliyev: Araz Corridor Project Attracts Significant Regional and Global Attention

The Araz Corridor project attracts significant regional and global attention, said President of Azerbaijan Ilham Aliyev as he addressed the Azerbaijan-Iran Business Forum held in Baku on Monday, The Caspian Post reports, citing AZERTAC.

"The Araz Corridor project is attracting significant attention, both in our region and globally. Various speculations and rumors are circulating about this project. In fact, there is no basis for this, as it is simply a new transportation and connectivity project," the president said.

The head of state stated that this project is aimed at connecting Azerbaijan, particularly its main part, with the Nakhchivan Autonomous Republic through Iran. Additionally, this will create significant transit opportunities.

President Ilham Aliyev emphasized that Azerbaijan and Iran also participate in important international projects.

"We are closely cooperating on the North-South transport corridor," he said.

The head of state added: "We want this to not only be a transport corridor, but also to create opportunities for the opening of new businesses and the creation of new industrial enterprises along the route, both in Azerbaijan and in Iran."