The United States and Azerbaijan today signed an agreement to conduct a feasibility study on building two pipelines under the Caspian Sea. Under the agreement, the U.S. Trade and Development Agency (USTDA) will give Azerbaijan’s State Oil Company a $1.7 million grant to conduct the study.

Iranian President Mahmoud Ahmadinejad called for the bolstering of the Islamic Republic’s cooperation with Kazakhstan, reminding that the two countries enjoy intact investment, agricultural, industrial and energy potentials galore.

Iranian President Mahmoud Ahmadinejad Thursday extended his congratulations to Bamir Topi and the Albanian nation and government on his election as the country’s president.