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INSTC Meeting Opens In Baku

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  • INSTC Meeting Opens In Baku

    INSTC MEETING OPENS IN BAKU

    Tehran Times Economic Desk
    October 8, 2008

    TEHRAN - Railway officials from Iran, Russia, and Azerbaijan held a
    meeting in Baku, Azerbaijan, on Tuesday to discuss ways for expediting
    the International North-South Transport Corridor (INSTC) plan.

    Iran, Russia, India, and Oman signed a memorandum of understanding in
    September 2000 for the establishment of the INSTC that is considered
    as one of the important trade routes linking Southeast Asian counties
    to Russia, Central Asian states, the Caucasus, and Eastern Europe,
    IRNA reported.

    Establishing some eight kilometers of railroad in Azerbaijan mainland
    and linking it to Iran's national railway network will also be
    discussed in the meeting.

    Based on the plan, some 300 kilometers of railroads will be established
    inside Iran.

    Iran, Russia, India, Kazakhstan, Belarus, Oman, Tajikistan, Azerbaijan,
    Armenia, Syria, Ukraine, Turkey, Kyrgyzstan, and Bulgaria constitute
    the 14 members of the INSTC plan.

    Mohammadreza Keimanesh, the Islamic Republic of Iran Railways deputy
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