Russia has for the first time sent two trains laden with coal to India via the International North-South Transport Corridor (INSTC), which connects Russia to India via Iran, according to a statement by Russia’s national railway company.
Iran, Russia and Azerbaijan have inaugurated a major railroad project in the northern Iranian province of Gilan, which is part of the International North-South Transport Corridor (INSTC) and reportedly connects the Persian Gulf to the Caspian Sea via rail.
The Rasht-Caspian Railway Project in Iran’s northern province of Gilan will be inaugurated on tomorrow, June 20, 2024.
Russia has announced plans to export coal to India through Iran’s railways.
Iran’s Minister of Roads and Urban Development Mehrdad Bazrpash has said that transit of good through the country has increased more than 60% to 17.6 million tons over the past 12 months which he believed is indicative of the security and affordability of Iran’s transit route for regional countries.
Iran is set to inaugurate the Rasht-Caspian railway in northern country within the next few days, according to the Ministry of Road and Urban Development.
The transit of goods through the Iranian land and territory in the first two months of the current Iranian calendar year (March 20- May 20) registered a 56.5 percent hike compared to last year’s corresponding period.
Iran’s Minister of Road and Urban Development Mehrdad Bazrpash has said that road transit through Iran has registered a new record.
Iran’s Vice President for Science, Technology and Knowledge-based Economy Rouhollah Dehghani Firouzabadi says the construction of a home-made Iranian train has made 85% development and the train is expected to join subway fleet within the next couple of weeks.
Iran’s minister of roads and urban development said the country’s road transit reached 14.75 million tons in the previous Iranian calendar year (ended March 19, 2024), registering a 58% hike compared to the same period a year earlier.