TODAY.AZ / Business

Minister: North-South project to facilitate Iran -West communication

07 October 2016 [17:39] - TODAY.AZ

By Azernews


By Gunay Hasanova

The Transport Corridor "North-South" is not only the shortest overland route connecting the Persian Gulf and Europe but also a corridor that connects the Mediterranean Sea with the Iran Islamic Republic, said Transport Minister of Iran Abbas Akhund.

In regional terms, the corridor "North-South" will facilitate communication between Tehran and western neighbors of the Islamic Republic, he added, IRNA news agency reported.

The implementation of the North-South transport corridor project envisages linking-up of railways of Azerbaijan, Iran, and Russia. Some five million tons of freight per year is expected to be transported by means of the corridor in the initial stage.

The North-South corridor, from India to Helsinki, with a length of 7,200 kilometers is designed to carry more than 20 million tons per year. It is a multimodal route for transportation of passengers and cargo from Russia's St. Petersburg to the Mumbai port.

Loads on the route will move through the territory of India, and then- the Persian Gulf, Iran, Azerbaijan, Russia, in the direction of the Nordic countries and Northern Europe in just 14 days.

The North-South route enjoys several advantages compared to other transport corridors; it is more profitable for each parameter than other alternative routes, such as the Suez Canal, the Mediterranean Sea-Northern Europe, and the Turkmenistan-Kazakhstan-Russia-Northern Europe routes.

The project is of strategic importance for the region.


URL: http://www.today.az/news/business/154886.html

Print version

Views: 1405

Connect with us. Get latest news and updates.

Recommend news to friend

  • Your name:
  • Your e-mail:
  • Friend's name:
  • Friend's e-mail: