The development of the International North-South Transport Corridor is a priority for the Russian government, Russia's Economic Development Minister Maxim Reshetnikov said at the VTB 'Russia Calling!' investment forum.
Russian, Azerbaijani and Iranian Railways signed a memorandum of understanding on boosting the North-South cooperation efficiency following the 83rd meeting of the CIS Railway Transport Council.
The Zangezur corridor and the North-South transport corridor will not compete with each other, Russian Security Council Secretary Sergey Shoigu said following the 13th meeting of security council secretaries of Commonwealth of Independent States (CIS) countries, which is taking place in Moscow.
The Zangezur Corridor comes to final completion towards Azerbaijan-Armenia border, Assistant to the President of Azerbaijan - Head of the Department of Foreign Policy Affairs of the Presidential Administration Hikmet Hajiyev said.
Moscow and Baku are set to implement an electronic consignment note project to streamline their joint freight transportation processes, as announced during the 3rd International Caspian Digital Forum in Kaspiysk.
Russia acknowledges Baku's progress in establishing the Azerbaijani segment of the International Transport Corridor North-South, Russian Deputy Prime Minister Alexey Overchuk said.
A communiqué has been published following yesterday's trilateral meeting in Baku between delegations from Russia, Azerbaijan, and Iran, focused on developing freight transportation between the countries.
The development of the North-South International Transport Corridor was a key topic at the 13th meeting of the Intergovernmental Commission on Economic Cooperation between Russia and Turkmenistan, Russian Deputy Prime Minister Marat Khusnullin said.
Azerbaijan, Russia, and Iran need to develop a harmonized transport infrastructure, Russia's Deputy Prime Minister Alexei Overchuk said at a trilateral meeting between Russia, Azerbaijan and Iran in Baku.
An agreement is anticipated shortly to kick off the construction of the Rasht-Astara railway in Iran, a strategic segment of the International North-South Transport Corridor, Director General for International Affairs at Iran’s Ministry of Transport and Urban Development Amin Taraffo said.
The construction of the Rasht-Astara railway line is scheduled to commence in 2026, following the completion of the land acquisition process. A Russian contractor has already secured a €1.6 billion export credit for the project.
Russia and Iran are actively working to advance the North-South Transport Corridor, Russian Prime Minister Mikhail Mishustin said during a meeting with Iranian Vice President Mohammad Javad Aref.
Russia is committed to stable cooperation with Azerbaijan on the International North-South Transport Corridor (INSTC) project, aiming to launch rail service to Iran via Azerbaijani territory, Russian Foreign Ministry Spokesperson Maria Zakharova told Vestnik Kavkaza.
The Zangezur corridor will not only connect the main part of Azerbaijan with Nakhchivan, but will also become a new route for interregional transportation, both in the East-West direction and in the North-South direction, since it will create an alternative way of delivering Russian goods to Iran, Azerbaijani President Ilham Aliyev said at the opening of the 3rd Shusha Global Media Forum in Khankendi.
The North-South transport corridor is important for both Russia and Azerbaijan, Kremlin press secretary Dmitry Peskov said, answering a question whether contradictions between Moscow and Baku might jeopardize the project
Armenia's Ministry of Territorial Administration and Infrastructures said the construction of a 60-km section of the Sisian-Kajaran highway to the North-South International Transport Corridor (ITC) is well behind schedule. …
Russian specialists are already present in Iran and working on the Rasht-Astara railway project, Russia's Deputy Prime Minister Alexey Overchuk …
Tehran is interested in developing ties with Baku in all areas, Iranian Roads Minister Farzaneh Sadegh said during a meeting with Azerbaijani President Ilham Aliyev.
President of Azerbaijan Ilham Aliyev and the Iranian President's Political Advisor Mehdi Sanaei held a meeting in Baku. The sides discussed …
By 2030, the North-South International Transport Corridor will be capable of transporting 20 million tons of cargo. This is the capacity the corridor is expected to reach, the Russian Minister of Transport said.
