Azerbaijan and Turkey will assign joint funds for the Baku-Kars-Akhalkalaki railway construction, Turkish Ambassador to Azerbaijan Turan Morali told reporters October 11. He remarked that the construction will cost some $400 million. "A Turkish delegation has arrived today to discuss the issue. The construction of this railway will promote the development of political, strategic and economic relations between Turkey and Azerbaijan," Morali said. According to the Ambassador, transportation of cargo by the railway will cost three times cheaper than by other kinds of transport, reported Trend news agency.