Presidents Ilham Aliyev and Masoud Pezeshkian discussed the Ağbənd-Kalaleh transport project, which is nearing completion after the road bridge across the Araz was finished.
The five Caspian states approved a joint commission to investigate the sea’s falling level and coordinate a response, with its first meeting due in Azerbaijan in the first half of 2027.
Azerbaijan and the Asian Infrastructure Investment Bank signed two grants totaling $1.1 million to prepare a Caspian green energy corridor and offshore wind infrastructure studies.
The Caspian Sea’s surface area has decreased by more than 20,000 square kilometers, and Azerbaijan warns continued shallowing could have catastrophic consequences.
Railway operators from six countries signed a protocol to expand the CASCA+ multimodal route linking Central Asia with the South Caucasus, Türkiye and Europe.
Transit cargo through Azerbaijan rose 10% in the first half of 2026 to nearly 8 million tons, with a medium-term target of 15 million tons on each major corridor.