India and Russia forging ahead with cargo rail linkAshish Kumar
The warmth shown by the US during the recent visit of President Donald Trump has not dissuaded India from making a move forward in using surface transport infrastructure to link with Russia far more quickly via Iran, a nation in the spotlight for facing US-sponsored sanctions.
“Traders from India and Russia could move goods between the two countries via Iran within three months,” said V Kalyana Rama, chairman and managing director of India’s state-owned container corporation (Concor).
This follows a service agreement between Concor and RZD Logistics JSC (a subsidiary of Russian Railways) to use a single invoice to move cargo between India and Russia. To this end, last year, the two bodies had signed a MoU.