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HomeLatest NewsThe volume of freight transport by road in the North-South corridor increased...

The volume of freight transport by road in the North-South corridor increased 2.5 times

Date: June 18, 2024 Time: 23:23:58

Photo: Roscongress Foundation

On the site of the St. Petersburg International Economic Forum, a discussion took place on the key economic tasks of Russia and neighboring countries. On June 15, the round table “Development of economic cooperation within the framework of the international North-South transport corridor: road transport as an important part of multimodal transport” was held. Despite the fact that the project is less than three years old, it is a visible success.

SEAMLESS RUNNER

On September 12, 2000, on the sidelines of the Second Eurasian Transport Conference in St. Petersburg, a historic event took place – the signing of an intergovernmental agreement on the creation of an international transport corridor (ITC) “North – South”. The organizers see the task of the project as a transport link between Russia and India through Iran. In addition, ITC will expand logistics opportunities with China, other countries in Asia and the Middle East.

The moderator of the round table, President of the Russian Academy of Transport, Alexander Misharin, stated that 2022 has changed many transport and logistics routes and has increased the relevance of creating alternative transport corridors around the world, but especially for countries from Eastern Europe, Central Asia. , Middle East, Southeast Asia, Africa and Latin America. In modern conditions, the development of the international transport corridor “North – South” is becoming more and more important.

Sergey Ivanov, Special Representative of the President of Russia for Environmental Protection, Ecology and Transport, recalled the accident of the Ever Green container ship in March 2021, which led to the blockade of the Suez Canal for a week. International shipping companies lost $400 million every hour during this time.

“If the North-South route is created, the competition will be stronger and many of our foreign partners will have doubts about the need to transport goods through the Suez Canal,” said Sergey Ivanov. – I would like to note that the North-South ITC should become the largest multimodal transport project in the world, since this route is capable of using sea, rail and road transport. This requires a lot of effort to interconnect some 40 infrastructure constraints that are already visible and counted today. These are checkpoints, legislation, and a whole host of very complex technological things that need to be worked out, coordinated, and come to a consensus for the cargo to go in almost continuous order.”

JOB SYNCHRONIZATION

Let us point out that ICTs are not only railways and waterways, but also roads. In 2022, the volume of road freight transportation along the routes included in the ITC increased by 2.5 times. Now up to 80% of the total volume of goods in the ITC is delivered by road. To reduce the time and cost of transporting goods, it is necessary to modernize the outdated infrastructure of checkpoints, rebuild the roads at their entrances, remove tax, administrative and other barriers, and synchronize the work of carriers to through modern digital platforms.

Currently, 12 states have joined the project, indicating a high evaluation of its potential and importance.

“The role of the “North-South” ITC, which enables transit communication between the states of the Caspian basin, the Persian Gulf, Central, South and Southeast Asia, is currently growing. If in 2022 total cargo traffic amounted to 14.5 million tons, in 2023 it is projected to reach 17.6 million tons with the prospect of growing to 41 million tons by 2030,” said the Minister of Transport of Russia, Vitaly Savelyev.

He also added that the vehicles in the North-South ITC are actively used to transport goods from Europe and Russia to Iran to the Persian Gulf port of Bandar Abbas and then by sea to the Indian Ocean port of Mumbai.

RENAISSANCE OF THE GREAT SILK ROAD

According to Yevgeny Moskvichev, Chairman of the Russian State Duma Transport Committee, laws are being actively adopted to develop seamless door-to-door transport.

“The faster the cargo is delivered, the lower the cost of this cargo will be. The North-South direction is today the most promising, the shortest. Legislators are ready in the near future to once again review what in our laws slows down or hinders progress to deliver goods quickly”, explained the politician.

Iranian Minister of Transport and Urban Development Mehrdad Bazrpash noted that Western sanctions did not harm our countries’ joint projects. A striking example is the construction of the Rasht-Astara railway as part of the North-South transport corridor. These sanctions did the opposite: they created a new opportunity to enrich the national productive capacity of countries. Thus, the modern analogue of the Great Silk Road is being revived.

“The sanctions stimulated both Iran and Russia to accelerate the project. After all, by building this railway, we are creating, first of all, an important transport and transit infrastructure. And when we build these new routes, we strengthen the logistics corridors, all of this contributes to the development and strengthening of our national economies”, concluded the Minister of Highways of Iran.

* This website provides news content gathered from various internet sources. It is crucial to understand that we are not responsible for the accuracy, completeness, or reliability of the information presented Read More

Puck Henry
Puck Henry
Puck Henry is an editor for ePrimefeed covering all types of news.
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