76362
Iran, Pakistan Boost Transportation Relations
Iran, Pakistan Boost Transportation Relations

Iran, Pakistan Boost Transportation Relations

Iran, Pakistan Boost Transportation Relations

Iran and Pakistan will conduct a pilot project of intermodal transportation under cover of TIR carnets (TIR Convention) within three months as per a memorandum of understanding signed by the commerce chambers of the two countries, Iran Chamber of Commerce, Industry, Mines and Agriculture’s news portal reported.
The initiative will cut the cost and time of transportation between the two countries, the report noted without mentioning the date of signing the MoU.
The Convention on International Transport of Goods Under Cover of TIR Carnets (TIR Convention) is a multilateral treaty concluded in Geneva, Switzerland, on Nov. 14, 1975, to simplify and harmonize the administrative formalities of international road transport. TIR stands for “Transports Internationaux Routiers” or “International Road Transports”.
As of June 2017, there are 71 parties to the convention, including 70 states and the European Union. TIR not only covers customs transit by road but a combination is possible with other modes of transport (e.g., rail, inland waterway and even maritime transport), as long as at least one part of the total transport is made by road.

 

Short URL : https://goo.gl/Z9x6CV
  1. https://goo.gl/XfgyRN
  • https://goo.gl/n3mXCu
  • https://goo.gl/4U9eoE
  • https://goo.gl/ops739
  • https://goo.gl/gwiSL9

You can also read ...

Europe May Tap Cryptocurrencies to Shield Iran Against US Sanctions
The European Union may opt for digital currencies in its...
Iran’s net hot-rolled coil consumption was 5.6 million tons in 2017, of which 0.8 million tons were imported.
Russia and Kazakhstan are temporarily stepping back on sales...
Secondary Forex Market: Corruption Loopholes Abound
Two goals set have been set for the recent establishment of...
EU foreign policy chief, Federica Mogherini, hailed the imposition of the blocking statute on Monday as a “consistent step forward”.
As it races to save the Iran nuclear deal, the European Union...
Deputy Economy Minister Defends Gov’t Forex Policy
The government’s policy to allocate dollars and euros to...
Colza Production Exceeds Expectations
The government has purchased more than 300,000 tons of colza...
Hashtgerd Subway Station Construction Underway
Iranian authorities are pushing ahead with construction plans...
Plastic Production Plant Launched in Chabahar
A factory producing different kinds of plastic products was...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus