Iran closes Incheh Borun customs office due to inauguration of Kazakhstan-Turkmenistan-Iran railway

Business Materials 25 November 2014 11:13 (UTC +04:00)

Baku, Azerbaijan, Nov.25

By Fatih Karimov - Trend:

Iran's Supreme National Security Council has ordered the Incheh Borun customs office to be closed for three days due to the inauguration of Kazakhstan-Turkmenistan-Iran railway.

The Incheh Borun customs office will be closed from December 1 to December 3, Iran's ISNA news agency reported on November 25.

Presidents of the three countries will attend the inauguration ceremony.

Exporters are prohibited to export goods via the Incheh Borun customs from November 26 to December 4.

Kazakhstan-Turkmenistan-Iran railway is a part of the North-South international transport corridor.

It is assumed that this railroad will create additional routes linking Kazakhstan, the central regions of Russia and Turkmenistan, Iran, Gulf countries, South and Southeast Asia, and will increase transit freight and passenger traffic, reduce transport costs, save time for travel and boost the economic growth in the regions through which the railway will run.

A trilateral intergovernmental agreement was signed in 2007 between Kazakhstan, Turkmenistan and Iran on the Zhanaozen-Gyzylgaya-Bereket-Etrek -Gorgan railway line with subsequent access to the Russian railway network, which will shorten the route by 600 kilometers.

The countries started its construction in 2009. It is planned to complete the implementation of the project in 2014.