Russian newsprint on its way to Chennai via Iran port
- January 18, 2023
- Posted by: OptimizeIAS Team
- Category: DPN Topics
No Comments
Russian newsprint on its way to Chennai via Iran port
Subject : International Relations
Section : Msc
Concept :
- The multi-modal transport route will involve train movement through Kazakhstan and Turkmenistan to reach Iran’s Bandar Abbas port from where it will be take the sea route to reach Chennai.
- The cargo handled by RZD Logistics (Russian Railways) left Russia a few days ago taking the International North-South Transport Corridor (INSTC).
- In the first leg, the cargo took the rail mode from Russia to Bandar Abbas port in Iran through Kazakhstan and Turkmenistan.
- From the Iranian port, the cargo will move by sea to Chennai in the second leg.
About INSTC
- The INSTC is a key trade corridor project, wherein India is partnering with 12 countries to establish an economic corridor.
- 7,200-km multi-mode transport (Rail, sea, Road) project to move freight among India, Iran, Afghanistan, Armenia, Azerbaijan, Russia, Central Asia and Europe.
- Aim is to increase trade connectivity between major cities such as Mumbai, Moscow, Tehran, Baku, Bandar Abbas, Astrakhan, Bandar Anzali, etc.
- Dry runs of two routes were conducted in 2014, the first was Mumbai to Baku via Bandar Abbas and the second was Mumbai to Astrakhan via Bandar Abbas, Tehran and Bandar Anzali.