Date: 5 months ago   Category: Industry

Russia, India and Iran will discuss start of an alternative to the Suez Canal — Rambler News Service


Photo: Russia, India and Iran in November will hold a meeting at which start of the international transport corridor "the North – the South" will be discussed, reports the Iranian TV channel Press TV. The TV channel notes that the transport corridor "the North – the South" 7,2 thousand km long will become cheaper and short alternative to the Suez Canal. The project includes both a railway route, and sea transitions. It is supposed that the transport corridor will allow to send goods by sea from India to the Iranian city of Bandar Abbas located on the bank of the Persian Gulf. Then freights will be transported in Iranian Bender-Enzeli, located on the bank of the Caspian Sea. From there goods will be transported to Astrakhan, and from Astrakhan — the railroad to Europe. The route, notes TV channel, will allow to reduce time and cost of a cargo transportation for 30-40%. In comparison with the Suez Canal a transport corridor "the North – the South" will allow to reduce time of delivery of freight from Mumbai to Moscow approximately by 20 days. The expected volume of a cargo transportation is from 20 to 30 million tons per year.

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