BAKU, Azerbaijan, February 25. Iran intends to
increase freight traffic by rail and road within the corridors with
Azerbaijan, Russia, Kazakhstan, and Turkmenistan, Iranian President
Masoud Pezeshkian said, Trend reports.
He made the remark at a meeting with businessmen and investors
in the northern Mazandaran Province today.
According to him, strengthening the corridors would reduce costs
and boost economic activity.
Pezeshkian noted that work in this direction is being carried
out with the support of the Iranian parliament in terms of
legislation.
The main corridor covering Azerbaijan, Russia, Kazakhstan,
Turkmenistan, and Iran is the International North-South Transport
Corridor (INSTC), a 7,200 km multimodal network designed to connect
India with Russia and Europe. It uses western routes through
Azerbaijan/Iran and eastern routes through
Kazakhstan/Turkmenistan/Iran to bypass traditional sea routes.
