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.
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).
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.
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.
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.
Iran, Azerbaijan, and Russia are going to invest in the construction of the Rasht-Astara Railroad project jointly which is part of the highly strategic International North-South Transport Corridor (INSTC).
A delegation from the Russian Federation has travelled to Iran to discuss ways to participate in Rasht-Astara railway.
Iran began the construction project of the Rasht-Astara railway in northern country on Wednesday which is considered as one of the final stages of completing a highly strategic International North-South Transit Corridor (INSTC).
The first rail transit cargo from Russia to India arrived in Iran on Tuesday through the Sarakhs border crossing to officially launch the eastern section of the International North-South Transit Corridor (INSTC).
Islamic Republic of Iran Shipping Lines (IRISL) has reportedly began its first pilot transfer of goods from Russia to India through the International North-South Transit Corridor (INSTC).