INSTC will make freight movement fast and reliable – Union Minister Sarbananda Sonowal

INSTC will make freight movement fast and reliable – Union Minister Sarbananda Sonowal

Mumbai: Iran’s Chabahar port will play a vital role in the ‘International North-South Transport Corridor’ (INSTC). This will commercially connect India to the Central Asian countries through Iran. Companies in the commercial transport field should use Shahid Beheshti port more in Iran’s Chabahar port project. This will make freight movement easier, faster, more viable and […]

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India and Russia to activate INSTC, risking US sanctions

India and Russia to activate INSTC, risking US sanctions

New Delhi: India and Russia are making strong movements to boost bilateral trade by starting transport through Iran. For this, a new 7,200 kilometres long International North-South Transport Corridor (INSTC) is being built. Currently, the United States has imposed harsh sanctions on Iran and is imposing tough sanctions on the countries conducting trade with Iran, […]

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INSTC

The International North–South Transport Corridor (INSTC) is a 7,200-km-long[1] multi-mode network of ship, rail, and road route for moving freight between India, Iran, Afghanistan, Armenia, Azerbaijan, Russia, Central Asia and Europe. The route primarily involves moving freight from India, Iran, Azerbaijan and Russia via ship, rail and road.[2] The objective of the corridor is to […]

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New Russia-Iran trade route opens, bypassing Western sanctions

New Russia-Iran trade route opens, bypassing Western sanctions

Moscow: The International North-South Transport Corridor (INSTC), a trade route connecting Russia and Iran through the Caspian Sea, has become operational. It will provide a major impetus to the trade cooperation between Russia and Iran. US-based newspaper Bloomberg has claimed that this trade route will circumvent Western sanctions imposed on Russia-Iran. The newspaper reported that […]

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Russia-Iran-Azerbaijan sign MoU for ‘Transport Corridor’

Russia-Iran-Azerbaijan sign MoU for ‘Transport Corridor’

Tehran: Indications of rapid changes in international equations are being received against the background of the Russia-Ukraine conflict. Russia has started delivering shocks on various levels to the front of western countries standing against Russia in the conflict against Ukraine. Increasing cooperation with the Gulf and Asian countries is one of the strategies and ambitious […]

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India and Iran discuss Chabahar and Afghanistan

India and Iran discuss Chabahar and Afghanistan

New Delhi: India and Iran discussed the Chabahar port being developed by India in Iran and the situation in Afghanistan. These discussions between Indian Foreign Secretary Vinay Kwatra and the Iranian deputy minister for political affairs Ali Bagheri-Kani, become significant. Iran has made a route reducing the distance between India and Russia for freight transport. […]

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PM Modi holds talks with Russian President

PM Modi holds talks with Russian President

New Delhi: Prime Minister Narendra Modi and Russian President Vladimir Putin had a phone conversation. The issue of Ukraine’s conflict was the priority of the discussion on Friday. The Prime Minister’s Office said that the role of India was presented by Prime Minister Modi, saying dialogue and diplomacy would only solve Ukraine’s problems. The Prime […]

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India-Russia to increase partnership in marine sector; focus on shipbuilding industry

India-Russia to increase partnership in marine sector; focus on shipbuilding industry

New Delhi: – India and Russia will be starting a shipbuilding enterprise in collaboration. At the same time, both the countries will be making efforts to increase cooperation in the marine sector by starting the International North-South Transport Corridor (INSTC) and Vladivostok-Chennai Shipping Link (VCSL). It has also been revealed that India is planning to […]

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Expressways to be linked with “International Trade Points” under “Bharatmala” Project – Announcement by Central Minister of Transportation

Expressways to be linked with “International Trade Points” under “Bharatmala” Project – Announcement by Central Minister of Transportation

New Delhi: To increase and facilitate trade with neighbouring countries, the main expressways will be linked with “International trade points”. Minister of Transport and Highways, Nitin Gadkari announced on Sunday that a scheme of 25000 crores has been planned for this purpose. Gadkari informed that under this project, 2000 kilometers of “highways” will be constructed […]

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