IRAN, RUSSIA AGREE TO INTENSIFY NORTH-SOUTH CORRIDOR PROJECT

/PanARMENIAN.Net/
28.07.2009 19:16 GMT+04:00

/PanARMENIAN.Net/ Iran’s Ambassador to Russia Mahmoud-Reza Sajjadi
and State Secretary of Russian Ministry of Transport Sergey Aristov
agreed to intensify implementation of North-South project, Rossiyskaya
Gazeta reported.

Armenia and Georgia have recently confirmed interest in the initiative.

International North-South Transport Corridor (INSTC), is a multi modal
transportation established in 12 Sep. 2000 in St. Petersburg, by Iran,
Russia and India for the purpose to promote cooperation among the
member states. This corridor connects India Ocean and Persian Gulf
to the Caspian Sea via Islamic republic of Iran, then is connected
to St. Petersburg and North European via the Russian Federation.

The INSTC was expanded to include eleven new members: Azerbaijan,
Armenia, Republic of Kazakhstan, Kyrgyzstan, Tajikistan, Turkey,
Ukraine, Belarus, Oman, Syria, Bulgaria (Observed).