transportation

IRU signs transit cooperation agreement with Iran government, private sector

A trilateral agreement on transit cooperation has been signed between the International Road Transport Union (IRU), Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) and the Islamic Republic of Iran Customs Administration (IRICA).

Transportation

Iran ready to complete construction of Tehran-Damascus railway

Iran’s minister of roads and urban development said his ministry is ready to complete the construction operation of the Tehran-Damascus railway.

Transportation

Iran, Turkey eye one million tons of bilateral rail transit annually

The chief executive of the Railways of the Islamic Republic of Iran (RAI) said Tehran and Ankara have targeted transporting one million tons of cargo via rail network between the two countries in the next Iranian calendar year (to start March 20, 2024).

Transportation

Iran owns biggest number of merchant ships in Middle East

With 942 vessels, Iran is the largest maritime trade power in the Middle East region and owns more than a third of the merchant ships in the region.

Transportation

Eight-month transit via Iran up 28.2% YOY

Over 9.4 million tons of goods have been transited through the Iranian soil over the eight calendar months to November 21, official says.

Transportation

Iran, Russia finalizing technical details of Rasht-Astara railway project

Kheirollah Khademi, the managing director of Iran’s Construction and Development of Transportation Infrastructures Company (CDTIC), has said 70 percent of the technical issues regarding the Rasht-Astara railway project have been discussed and finalized with Russia, and the rest will also be finalized soon.

Transportation

Iran, Russia to invest $38bn in developing INSTC corridor

Iran and Russia have plans to invest as much as $38 billion in the development of the International North-South Transport Corridor (INSTC), according to an official with the knowledge of the matter.

Transportation

EAEU in talks with Arab states for joining INSTC corridor

Minister of Trade of the Eurasian Economic Union (EAEU) Andrey Slepnev has said that the union has had positive talks with Arab states so as to convince them to join the International North-South Transit Corridor (INSTC).

Transportation

Transit of goods via Iran up 13% in 6 months: Official

The director general of the Iranian Ministry of Roads and Urban Development for commercialization affairs announced a 13 percent growth in transit of goods via the country’s land and territory in the first half of the current Iranian calendar year (started March 21, 2023).

Trade

Iran, Russia discuss transportation cooperation

Senior officials from Iran and Russia have explored ways for more enhanced cooperation between the two countries on infrastructure and transportation areas.

Transportation