Deputy Secretary General of ECO, Altaf Asghar, announced of feasibility studies to establish new corridor between ECO member states adding that in near future, Iran-China railway corridor will be lunched, Iranian Mojnews reported.
The remarks was made during a meeting between Altaf and governor general of Iranian city of Hormozgan, Tajikistan's ambassador in Iran and a number of ECO's economic representatives. The meeting was held on Hormozgan, today.
Addressing the meeting, Altaf Asghar referred to a new railway corridor connecting Iran to China via Afghanistan, Tajikistan and Kyrgyzstan saying the corridor will be launched in near future and it make huge developments in economic and commercial interactions between ECO member states.
"Iran donated $1 million to ECO for feasibility studies of the corridor," he said adding that "once the studies are finished by Tajikistan's Metra Company, the establishment and building of the railways will be started by the cooperation of the five mentioned countries."
He referred to Islamabad-Tehran-Istanbul container train adding that since the train was warmly welcomed by ECO private sectors, the services of the train increased from once a month to twice.
"Along with Islamabad-Tehran-Istanbul railway, the road corridor between the three countries has been launched, as well," Asghar added.
He also announced of an agreement made between Iran, Azerbaijan, Turkey and Kyrgyzstan to launch a financial transit mechanism between the traders of the 4 countries.
"The mechanism will be officially run between the foru countries within the next few months," Asghar said.
He invited Tajikistan to join the plan.
He also referred to Bandar Abbas-Almaty train to be launched today saying that the service is a new step in North-South corridor.