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Tehran: Russia To Hold North-South Transport Corridor Rally

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  • Tehran: Russia To Hold North-South Transport Corridor Rally

    RUSSIA TO HOLD NORTH-SOUTH TRANSPORT CORRIDOR RALLY

    Tehran Times
    August 15, 2009

    TEHRAN (Press TV) -- The Republic of Kalmykia of the Russian Federation
    is planning to hold the International North-South Transport Corridor
    (INSTC) rally.

    The event, which is said to be a rival for the famous Paris-Dakar
    rally, will start next year with the aim of introducing and promoting
    the North-South Transport Corridor.

    A multi modal transportation established by Iran, Russia and India
    in St. Petersburg in September 2000, the INSTC connects the Indian
    Ocean and the Persian Gulf to the Caspian Sea via Iran, which is
    then connected to St. Petersburg and North Europe via the Russian
    Federation.

    The INSTC was expanded to include eleven new members, namely
    Azerbaijan, Armenia, Kazakhstan, Kyrgyzstan, Tajikistan, Turkey,
    Ukraine, Belarus, Oman, Syria and Bulgaria.

    The rally has been organized and supported by President of the Republic
    of Kalmykia K.N. Ilyumzhinov to act as an international symbol for
    INSTC and a way to attract international investors to the corridor.

    Introducing the Iran path as a safe transportation route from Asia
    to Europe and introducing the economical and commercial potentials
    of the countries along INSTC are among the other aims of the project.

    Organizers hope that the annual rally will introduce the corridor as
    a more affordable path, compared to the Suez Canal, for transporting
    products from Asia to Europe and back.

    International news coverage of the rally by advertising companies and
    media will also introduce the corridor as a significant economical
    route.
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