North–South Transport Corridor

Qazvin-Rasht railway: penultimate missing link on INSTC opened

The 164-kilometer-long rail road has finally connected Qazvin to the northern city of Rasht, very close to Azerbaijan. The only missing link is a rail project that will link Rasht to the border town of Astara in a bid to make Iran a hinge between Central Asia, Europe and South East Asia.

Transportation

First Afghan cargo convoy, destined for India, arrives at Chabahar Port

Chabahar Port in Iran’s south-eastern Sistan and Baluchistan Province, is a regional transport hub. It’s the first time that an Afghan cargo consignment is sent to India via Chabahar Port bypassing Pakistan.

Transportation

Iran, India, Afghanistan to celebrate Chabahar Day on 26 February

The port is Iran’s only exit way to international waters passing through the Sea of Oman. New Delhi has rapidly been developing the strategic port in a bid to export its commodities to Afghanistan bypassing Pakistan.

Transportation

India, Russia agree to fast-track goods transit via Iran

India is eyeing a bigger role in Eurasia and Afghanistan and is looking at Iran to further increase its influence. Iran is the main route of the Interantional North South Transport Corridor (INSTC) that can help New Delhi achieve its goal.

Transportation

Germany to join North-South Transport Corridor

New indications show the world’s biggest exporter may join an ambitious project to develop a new multimodal transit corridor that connects northern Europe to India. The purpose: getting connected to Iran.

Transportation

International North–South Transport Corridor alternative to Suez Canal

Transport costs through the International North–South Transport Corridor would be reduced by $2,500 per 15 tonnes of cargo. The new rout also shortens the distance between Mumbai and St. Petersburg from 40 to 14 days.

Transportation

Featured

The volume of trade between Iran and the Eurasian Economic Union (EAEU) has increased by 2.5 times since four years ago when the two sides engaged in a preferential trade agreement (PTA).

Iran’s trade with EAEU countries grows by 2.5 times in 4 years

Iranian President Masoud Pezeshkian says his government will work with international partners to resolve disputes surrounding the Financial Action Task Force (FATF) and the Joint Comprehensive Plan of Action (JCPOA) to improve Iran’s foreign relations and achieve long-term goals.

Pezeshkian renews pledge to resolve FATF, revive JCPOA

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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