The Russian daily Vedomosti reported yesterday that, according to a presentation made by the Ministry of Transport, “Russian Railways is expected to assist in the development of the corridor connecting India, Iran, and Russia by constructing a line from the border city of Astara in Azerbaijan to the city of Rasht in Iran and electrifying the Garmsar-Incheh Burun line in Iran,” the latter a 495 km section from just east of Tehran to Incheh Burun on the border with Turkmenistan. Russia is prepared to invest some $1.5 billion over 3-5 years to complete the International North-South Transport Corridor (INSTC), which was discussed and agreed upon in last week’s summit meeting between the Presidents Vladimir Putin of Russia and Ebrahim Raisi of Iran.
New World Paradigm Paid
Russia to Invest $1.5 Billion in the International North-South Transport Corridor
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