ARA and ADY Sign MoU on Railways Cooperation
Memorandum of Understanding (MoU) on cooperation in the area of railways was signed between Afghanistan Railway Authority (ARA) and Azerbaijan Railways (ADY) on Mar 14, 2019 in Baku in the presence of the presidents of both countries.
This MoU basically aims to jointly assess development of relation and cooperation in the railway sector, which includes: organizing of railway sector management systems, improvement of facilities in the railway transport, attracting and supporting investment from the public and private sector of Azerbaijan for the building of Afghanistan’s railway infrastructure, procuring railway equipment, training of railway staff and expansion of goods transit with the assistance of Organization for Cooperation Between Railways (OSJD).
Signing of this MoU could expand level of transit and quality of the services in railway sector between the two countries as well as it will be regionally effective and efficient for economic growth and railway network.
