International North–South Transport Corridor
Freight corridor, Moscow to Mumbai / From Wikipedia, the free encyclopedia
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The International North–South Transport Corridor (INSTC) is a 7,200-km (4500 mile) long[1] multi-mode network of ship, rail, and road route for moving freight between India, Iran, Azerbaijan, Russia, Central Asia and Europe. The route primarily involves moving freight from India, Iran, Azerbaijan and the Russian Federation via ship, rail and road.[2] The objective of the corridor is to increase trade connectivity between major cities such as Mumbai, Moscow, Tehran, Baku, Bandar Abbas, Astrakhan, Bandar Anzali, etc.[3] Dry runs of two routes were conducted in 2014, the first was Mumbai to Baku via Bandar Abbas and the second was Mumbai to Astrakhan via Bandar Abbas, Tehran and Bandar Anzali. The objective of the study was to identify and address key bottlenecks.[4][5] The results showed transport costs were reduced by "$2,500 per 15 tons of cargo".[5] Other routes under consideration include via Kazakhstan and Turkmenistan.
This article needs to be updated. (June 2020) |
International North–South Transport Corridor (INSTC) | |
---|---|
Route information | |
Length | 4,500 mi (7,200 km) |
Major junctions | |
North end | Moscow, Russian Federation |
South end | Mumbai, India |
Location | |
Countries | Azerbaijan India Iran Russian Federation |
Highway system | |
This will also synchronize with the Ashgabat agreement, a Multimodal transport agreement signed by India (2018), Oman (2011), Iran (2011), Turkmenistan (2011), Uzbekistan, (2011) Kazakhstan (2015) (figure in the bracket indicates the year of joining the agreement), for creating an international transport and transit corridor facilitating transportation of goods between Central Asia and the Persian Gulf.[6] This route will be operationalised by mid-January 2018.[7][needs update]