Iran, Russia to develop transport ties

TEHRAN, Apr. 27 (MNA) – Iran and Russia are scheduled to sign transport and transit agreements, including the activation of the International North-South Transport Corridor (INSTC) and the development of maritime, air, and rail cooperation.

Iran Minister of Transport and Urban Development, Rostam Ghasemi, at the head of a delegation set off to Moscow last night on April 26 in order to meet his Russian counterparts for reaching transport and transit agreements. 

The transport and transit agreements include the activation of the International North-South Transport Corridor (INSTC) and the development of maritime, air, and rail cooperation.

Increasing the number of flights, activation of the two countries' ports, agreement for the operation of the rail corridor from Chabahar Port to Russia and electrification of the Incheborun-Garmsar Railway are on the agenda. 

Previously, Iran and Russia Transport Ministers met in Moscow in November 2018 on the sideline of International Transport Week. The two parties emphasized on development of rail cooperation, the acceleration of joint projects, and the necessity of mutual collaboration for the completion of the North-South railway corridor. 

The North-South railway corridor starts from Helsinki in Finland and passes through Russia, Azerbaijan, Iran and Mumbai in Indian Subcontinent.

MNA/

News Code 186172

Tags

Your Comment

You are replying to: .
  • 9 + 4 =

    Comments

    • Frank chua PH 12:52 - 2022/04/27
      0 0
      Now that many nations have been sanctioned or heavily sanctioned by the western powers, why not these nations creates a counter weight to Swift payment system, to circumvent these Western dominated payment system...
    • Frankchua PH 12:55 - 2022/04/27
      0 0
      Iran Russia China India turkey Myanmar Venezuela Cuba North Korea Pakistan etc.can create their own Swift payment system, to circilumvent the Western dominated Swift payment system. Increase trades & business with these sanctioned nations...