International transport corridor North-South to increase transit income of Azerbaijan


October 14, Fineko/abc.az. Since the beginning of this year 131.65 million tons of cargo have been shipped from the port of Chabahar, located on the coast of the Indian Ocean in Iran, says port’s executive director Majid Mazlumi.

He noted that cargo traffic from the port grew by 27% versus the 2018 same term. Speech is not only about goods exported to Iran, but also about transit cargo.

The port of Chabahar is one of the main components of international transport corridor North-South, in which Azerbaijan is participating. Cargo transported from South-East Asia to Europe and back is carried through Azerbaijan to the designated point through this port.

Thus, India, as well as other countries of Southeast Asia will transport goods across the Indian Ocean to the port of Chabahar, and from there via the railway Qazvin-Rasht-Astara (Iran) - Astara (Azerbaijan) to Russia and Western Europe. This means that the more cargo is transshipped in this port, the more will be Azerbaijan's transit income. As it was noted above, over the past period of the current year the port's cargo volume amounted to 131.65 million tons. After the commissioning of the Gazvin-Rasht part of railway line Gazvin-Rasht-Astara (Iran)-Astara (Azerbaijan), the volume of cargo from Asia to Europe and back will certainly increase.

So far, part of the Gazvin-Rasht railway and the part connecting Iranian Astara with Azerbaijani one have been put into operation.