India and Russia forging ahead with cargo rail link

India and Russia forging ahead with cargo rail link

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.

 

src: seatrade-maritime

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