Baku, Azerbaijan, Feb. 15
By Maksim Tsurkov - Trend:
North-South international transport route will allow reducing the period of cargo transportation from India to Russia twofold, Russian Railways JSC said Feb. 15.
Russian Railways JSC and Azerbaijan Railways JSC, within the framework of North-South international transport route, agreed to cooperate in attracting cargo flows via Azerbaijani and Russian railways through the organization of goods transportation via the route India-Iran-Azerbaijan-Russia and vice versa.
Russian Railways Logistics JSC and ADY Express will be the project's operators. The first dispatch via these routes is planned until the end of March 2016.
"Currently, cargo from India to the European part of the Russian Federation is provided via sea transportation (route A), and the estimated travel period from the Nhava-Sheva (Mumbai) port to Moscow is about 40 days, "said the company. "The new multi-modal B route will include using sea, railway and vehicle transportation and allow reducing the transportation period twofold."
It was also noted that the optimization of period by 14 days is expected in the future.
During the negotiations the sides agreed on competitive rates: the tariff for transportation of 40-foot container via the Mumbai-Moscow route will not exceed $3,000.
North-South transport corridor is intended to connect Northern Europe to Southeastern Asia. It will serve as a link to connect the railways of Iran, Azerbaijan and Russia.
It is planned to transport six million tons of cargo per year via the North-South corridor in the first phase, and 15-20 million tons of cargo in the future.
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