Iran opposes the Zangezur Corridor, fearing geopolitical shifts and loss of transit revenue.

Iran is concerned about the proposed Zangezur Corridor, which would connect Azerbaijan's western regions to Nakhchivan through Armenia. Officials worry about potential geopolitical shifts and the loss of transit revenue, as Iran has seen a 30% increase in goods passing through its territory. However, the corridor could enhance Iran's international trade position if it chooses to collaborate with Azerbaijan and Turkey, potentially benefiting from increased trade opportunities.

September 15, 2024
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