Iran Transport Diplomacy along International Transport Corridors

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Iran Transport Diplomacy along International Transport Corridors

Iran has geostrategic position along international transport corridors and it can have a major role in promoting regional connectivity to benefit from huge advantages of transit. e. Transport Corridor Europe Caucasus Asia (TRACECA) , Chinese Belt and Road Initiative (BRI) , Islamabad-Tehran-Istanbul (ITI) as part of ECO corridor, Kazakhstan-Turkmenistan-Iran Railway Corridor (KTI) , and the road route of the Persian Gulf-Black Sea International transport and Transit Corridor. International North-South Transport Corridor (INSTC) as a multi-modal transport project was initiated in ۲۰۰۲ by India, Russia, and Iran with the aim of increasing transport and trade cooperation. This is while, according to the head of Iran Ports and Maritime Organization (PMO) , the Indians are going to invest $۳۰۰ million in rail development along this route. China's Belt and Road Initiative (BRI) which originally had been named «New Silk Road» is basically a transcontinental long-term policy and investment program which aims at ...