Tehran ‘Ready’ to Mediate Karabakh Conflict

13908TEHRAN (Today.az)—Iran is ready to serve a mediating role in the Nagorno-Karabakh conflict, its foreign minister, Manoucher Mottaki said Tuesday in Tehran after talks with his Azeri counterpart Elmar Mammadyarov.

According to the Iranian Foreign Minister, the current stalemate in negotiations over Karabakhin topped the agenda of talks between the two diplomats.

“We have discussed many issues of bilateral and regional cooperation,” Mammadyarov told reporters. He thanked Iran for its “fair position voiced in international organizations on Nagorno-Karabakh.”

“Iran is our neighbor. We hope Tehran will continue making efforts to restore peace and stability in the region,” he said.

The two ministers also announced they had reached an agreement this week to increase trade turnover between their countries from the current $600 million to $1 billion

Mottaki added that “today our two countries successfully cooperate in industry, energy and trade.”

The sides also reached an agreement on establishing railway transport between Astara (Iran) and Astara (Azerbaijan) and extending the transport to the Persian Gulf under the North-South Railway.

They also discussed power-engineering cooperation and bringing Iran to the electricity markets of the CIS via Azerbaijan. Iran and Azerbaijan are realizing a joint project to increase the volume of power interchange to 700 megawatts from the current 300 megawatts.

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