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North–South Transport Corridor

Construction of Rasht-Astara railroad awaits Russia’s decision

A Russian delegation is in Iran to review the possibility of making investments in the construction project of a strategically important Rasht-Astara railroad in northern Iran.

Transportation

Iran not to wait for Russia, China to complete Rasht-Astara railway

Deputy Minister of Road and Urban Development Kheirollah Khademi said on Wednesday that some €800 million is required for the completion of Rasht-Astara railway, while noting that Iran will not wait for Russia and China to provide the needed finance.

Transportation

Iran, Russia reach major transit agreement

Iran and Russia has reportedly reached a major agreement on Russia’s transport via the Iranian soil.

Transportation

Iran’s national maritime carrier launches offices in India

The Islamic Republic of Iran Shipping Line Group (IRISL Group) announced it has launched offices in different parts of India to help a multimodal transit of goods in the strategically important International North-South Transit Corridor (INSTC).

Transportation

Iran says roughly $660 million required to complete key INSTC rail project

Around 220 trillion rials ($656 million) are needed to complete the construction of Rasht-Astara railroad, says the CEO of the Construction and Development of Transportation Infrastructures Company.

Transportation

Russia invites Iran, Azerbaijan to create operator to develop INSTC project

Russia has invited Azerbaijan and Iran to create a logistical operator for the western route of the International North-South Transportation Corridor, Russian First Deputy Prime Minister Andrei Belousov said at the 15th Verona Eurasian Economic Forum on Friday.

Transportation

Iran, Russia, Azerbaijan agree on development of strategic corridor

Representatives of Iran, Russia and Azerbaijan have reached an agreement on the development of the western branch of the strategically important International North-South Transit Corridor (INSTC).

Transportation

Iran, India carry out digital TIR transport in INSTC corridor to Russia

The first-ever international digital TIR pilot transport was carried out between Iran and India which facilitates the transfer of shipments from India to Russia via INSTC corridor.

Transportation

Iran reports record shipments on North-South Corridor

The Islamic Republic of Iran Shipping Line Group (IRISL) has reported a record high in its freight services between Russia and India through a newly launched corridor.

Trade

Iran, Azerbaijan, Russia ink declaration on development of strategic corridor

A declaration on the development of the International North-South Transport Corridor (INSTC) was signed following the first Iran-Azerbaijan-Russia tripartite meeting in Baku on Friday, News.Az reports.

Transportation

Iran Chamber of Commerce, Industries, Mines and Agriculture

Established in 1884, Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) is a non-profit and non-governmental institution which aims at facilitating economic growth and development in the country. Iran Chamber tries to further coordinate the activities of the private sector. As an economic forum, representatives from both the government and the private sector attend Iran Chamber's sessions. Meanwhile the institution acts as an advisory body to the government, parliament and judiciary.

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