Economy, Business And Markets

Iran to Expand Transportation Corridors at Full Throttle - Interview

Business & Markets Desk
Iran will persist in making steadfast efforts to forge connections with the world, despite economic limitations
Iran to Expand Transportation Corridors at Full ThrottleIran to Expand Transportation Corridors at Full Throttle
Iran cannot be eliminated from trade and trade-related activities, since it is located at strategic crossroads between Asia and Europe

The Ministry of Roads and Urban Development plans to negotiate the connection of China-Kazakhstan-Iran Multimodal Corridor to Europe, says deputy minister for transportation affairs, Mehrdad Taqizadeh. 
The corridor was officially launched on June 26 with the arrival of an Iranian vessel at the Caspian Port in Gilan Province’s Anzali Free Trade Zone. 

What can Iran gain from joining international transportation corridors, which pass through its territory from the Far East and Central Asia to Russia and Europe, in the face of the reimposition of US sanctions on its economy? 
These corridors are used for imports and exports to and from Iran as well as transits through the country. As is evident, the sanctions have targeted Iran’s trade, which will have a negative impact on transportation.


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