BAKU, Azerbaijan, September 11. China is
considering the development of land routes for cargo deliveries to
Iran through Central Asia along East-West routes.
This was stated by Alexander Zaboev, Head of the Eurasian
Development Bank (EDB) Center for Integration Studies, during an
online presentation of the analytical report “Transport Corridor
Infrastructure in Eurasia: Development Results and Key Investment
Trends”, Trend's
correspondent reports.
According to Zaboev, the Trans-Caspian International Transport
Route (TITR) is showing strong growth in cargo traffic. A number of
infrastructure projects have already been implemented along the
corridor, including at the Port of Kuryk in Kazakhstan.
“All this is a prelude to broader infrastructure development of
the corridor, which is now being discussed extensively and to which
funding will be allocated both at the national level and through
international institutions and individual countries interested in
developing this corridor,” he said.
Zaboev also noted that cargo traffic along the TITR increased by
almost 60 percent in the first half of the year.
“All this is related to the closure of the Strait of Hormuz,
with cargoes bound for Iran now seeking alternative delivery
routes. In particular, grain volumes are actively growing in this
direction, but not only grain - other types of cargo as well.
China is also actively looking into developing land deliveries
to Iran using East-West routes through Central Asia and further
delivery via the North-South Corridor in Iran,” he said.
