North-South ITC Set To Take Detour Via Azerbaijan's Baku As Fresh Branch Line
Date
8/21/2024 6:08:25 AM
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, August 21. Russian Railways
has given the green light to its plan of sending a freight train
from Ulyanovsk to Astara (Iran) via Baku along the North-South ITC,
the statement of the head of Russia's Ulyanovsk region Aleksei
Russkikh said, Trend reports.
“This is the first direct such route; it will become a new
branch of the North-South ITC. It is about a direct freight block
train called“Ulyanovsk - Baku - Astara”. This is the western
railroad corridor of the logistics project“Middle Volga - Caspian
Sea - Persian Gulf,” Russkikh noted.
He mentioned that this export train is being geared up for
shipment with a mixed bag of agro-industrial products, industrial
goods, and woodworking products.
According to the governor, the development of the North-South
International Transport Corridor was discussed by Russian President
Vladimir Putin and President of the Republic of Azerbaijan Ilham
Aliyev during Putin's visit to Baku on August 18–19.
Russkikh emphasized that the railway segment of the corridor is
undergoing an upgrade to increase its capacity and facilitate the
transportation of cargo weighing 15 to 30 million tons. As per him,
this agreement presents significant opportunities for the
advancement of the new trade and logistics route "Middle Volga -
Caspian Sea - Persian Gulf," which was initiated by the Ulyanovsk
region as part of the North-South ITC.
To note, the North-South ITC has been in the works since the
turn of the millennium. The corridor has several forks in the
road.
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