A memorandum of understanding has been signed between Azerbaijan, Iran, and Russia.

The document provides for the harmonization of customs approaches, the creation of a single comprehensive tariff, the launch of regular block trains, and the improvement of transport procedures along the North-South route, according to Azerbaijani media.

It is noted that the introduction of these mechanisms will make it possible to create a more predictable, faster, and cost-effective logistics chain between Russia, Azerbaijan, and Iran.

It is added that this agreement creates favorable conditions for the stable growth of transit flows in the region.