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Iran, Italy sign transport MoU

Business Materials 24 September 2018 14:17 (UTC +04:00)

Baku, Azerbaijan, Sept. 24

Trend:

Iran and Italy signed a Memorandum of Understanding (MoU) for cooperation in transportation, an Islamic Republic official said.

The document was signed during the third Iran-Italy forum held in Tehran with the aim of boosting cooperation in the transit sector and facilitating the transfer of goods between the two countries, Reza Nafisi, director general of the Islamic Republic of Iran Road Maintenance and Transportation Organization’s Transit and International Transportation Office, said, IRIB news agency reported on September 24.

Based on the terms of the agreement, the two sides agreed to enhance cooperation in the fields of intelligent transportation system (ITS), road safety, and training programs, he added.

The meeting aimed to remove all obstacles to the transportation of goods between the two countries, Nafisi had said earlier.

In January 2018, Iran announced an increase of 13 percent in truck transit activity through its territory in what could be a sign of the significance of the country’s location in regional trade.

Iran’s Customs Administration in a statement said about 542,000 trucks had crossed the country’s border checkpoints points over a period of nine months starting 21 March 2017 – the start of the Iranian calendar year.

The figure, the statement added, was higher than the similar period last year by 13 percent.

The trucks were carrying goods belonging to over 100 countries, the Customs Administration added in its statement as reported by Iran’s domestic media.

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