International North-South Transit Corridor (INSTC)
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Turkmenistan joins Int’l North-South Transport Corridor
Tehran, IRNA – After Iran, Russia and India accepted the accession of Turkmenistan to the International North-South Transport Corridor (INSTC), the country could join the multi-modal transportation project.
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Iran urges Russia to speed up implementation of INSTC project
Tehran, IRNA – Secretary of Iran’s Supreme National Security Council (SNSC) Ali-Akbar Ahmadian has underlined the need for Russia to accelerate the construction of a strategically important International North South Transit Corridor (INSTC).
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Iran, Russia, India pursuing increase of transit of goods
Tehran, IRNA – Managing director of Iran's Ports and Maritime Organization (PMO) Ali-Akbar Safaei has said that the third trilateral meeting between Iran, Russia, and India paves the way for increasing transit of goods among these countries and other states in the Persian Gulf and the Sea of Oman as well as western and eastern regions of the Caspian Sea.
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Transit through INSTC more than quadruples
Tehran, IRNA – The International North-South Transit Corridor (INSTC) has witnessed a whopping surge in cargo transit after its marine route via the Caspian Sea became operational by Khazar Sea Shipping Lines Company (KSSLC), according to the company's managing director.
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Iran capable of diversifying energy, goods transportation
Tehran, IRNA – The Islamic Republic of Iran enjoys good capacity of diversifying routes of energy and commodities transit because of its geographical situation, an Iranian envoy said.
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Iran ready to activate INSTC
Tehran, IRNA - Head of Iran-Russia Parliamentary Friendship Group in the Iranian Parliament Ebrahim Rezaei termed The International North–South Transport Corridor (INSTC) as the best way to develop trade ties between Russia and Iran, and said that Tehran is ready to activate this international corridor.
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North-South Corridor best way to develop Russia-Iran ties: Official
Chabahar, IRNA – Given the current situation, the best way to develop connections between Russia and Iran can be the set-up of the International North-South Transport Corridor (INSTC), an Iranian official said.
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North-South Corridor provides fast, safe gateway from Qatar to Central Asia: Rezaei
Tehran, IRNA – Iran's Vice-President for Economic Affairs Mohsen Rezaei said on Tuesday that the implementation of the International North-South Transit Corridor (INSTC) will provide Qatar with a fast and safe connection to Central Asian countries, Russia, and Europe.
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North-South Corridor safe substitute for Suez Canal
Tehran, IRNA – The International North-South Transport Corridor (INSTC) is paid attention to by numerous countries because the route can be a safe substitute for the long route of the Mediterranean Sea via the Suez Canal.
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North-South Corridor cuts transit cost, time by 30%
Tehran, IRNA – The head of Iran’s Trade Promotion Organization said that activation of the International North-South Transport Corridor (INSTC) would reduce transportation costs and time from Eurasia to the Persian Gulf countries and India by 30 percent.
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North-South Corridor an alternative for Suez Canal: Iran envoy
Moscow, March 28, IRNA – Iran's Ambassador to Russia Kazem Jalali said on Sunday that the necessity of completing the International North–South Transport Corridor (INSTC) has once again been highlighted by the large container ship blocking Suez Canal, resulting in over 9 billion dollars of daily loss for the global economy.
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Heads of Russia, Iran railways discuss North-South Corridor
Moscow, Feb 12, IRNA - Oleg Belozyorov, President of Russian Railways, and Saeed Rasouli, Head of the Islamic Republic of Iran Railways (RAI), held talks on ways to expand cooperation in completing the International North-South Transport Corridor (INSTC).