North-South Corridor To See Major Upgrades, Says Russian Deputy PM
Date
7/18/2024 1:51:11 AM
(MENAFN- AzerNews)
Nazrin Abdul
Read more
Russian Deputy Prime Minister Alexander Novak outlined
significant advancements in the "North-South" international
transport corridor project, a major infrastructure initiative
jointly pursued by Russia, Azerbaijan, and Iran,
Azernews reports citing the TASS.
In an interview with TASS, Novak detailed upcoming enhancements
designed to boost the corridor's efficiency and effectiveness.
“The capacity of the railway will be significantly increased,
and new transport and logistics routes will be developed,” Novak
stated.“These improvements will strengthen our collaboration with
southern partners and enhance the overall connectivity of the
corridor.”
Novak highlighted a key development within the project: an
agreement with Iranian counterparts to complete the missing segment
of the 162 km railway between the cities of Astara and Rasht.“This
is a monumental project that will create a seamless transport link
stretching from the Baltic Sea to the Persian Gulf,” he
explained.
The "North-South" international transport corridor project,
which aims to establish a major trade route connecting northern
Europe with southern Asia, was initially agreed upon by the
governments of Russia, Iran, and India on September 12, 2000.
Azerbaijan joined the agreement later, on September 20, 2005, under
the Law of Azerbaijan Republic on the "North-South" Transport
Corridor.
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