As the Russian President noted during the ceremony, thanks to this project, Russian and Iranian products will have more geographically diverse access to foreign markets.
The new highway will be used, among other things, for the transport of food and other products of the agro-industrial complex, which will be destined for consumers in Iran as well as for the countries of the Persian Gulf and Africa. Putin noted that in this way this transport corridor would make a noticeable and tangible practical contribution to ensuring global food security.
In addition, according to the Russian president, the start-up of the Rasht-Astara railway section will allow the diversification of global traffic flows, and transport will have competitive advantages. “In particular, the delivery of goods from St. Petersburg, say, to Mumbai will take about 10 days. For comparison, I will say that the travel time along traditional trade routes is up to 30-45 days. It is In other words, there are significant savings in terms of time and costs,” put Vladimir Putin as an example.
Raisi, in turn, stressed that this route is “very reliable and promising.” According to him, after the completion of the construction of the Rasht-Astara railway, there will be three operational branches along which goods can be moved.
Following the presidents’ speeches, Russian Transport Minister Vitaly Savelyev and Iranian Roads and Urban Development Minister Mehrdad Bazrpash signed a cooperation agreement to finance the design, construction and supply of goods and services for the creation of the Resht-Astara railway in Iran. . Also joining the ceremony on the Russian side was Deputy Prime Minister Alexander Novak, who is on a working visit to Iran.