THE Islamic Republic of Iran Shipping Line
(IRISL) and Kazakhstan's KTZ
Express - a multimodal unit of the country's state-owned railway - have
signed a new joint venture agreement.
The deal
could lead to the creation of a new transport corridor connecting Iran's
southern ports to the upper parts of Central Asia - and even possibly links to
Russia and China, reports New York's Marine Link.
The deal
was signed KTZ Express's Dias Iskakov and IRSIL's Mohammad Saeedim, said the
report.
The
agreement seeks to encourage measures contributing to facilitating maritime
transport in the Caspian Sea Region, joint cooperation in terminal management,
integrated transportation between Iran's southern ports and CIS countries,
building port terminal and investment in the ship repair sector between Iran
and Kazakhstan.
The Hong
Kong Shipping Gazette observes that such a scheme may well complement China's
One Belt One Road initiative of building transport links through Central Asia,
Middle East to Europe.
Source :
HKSG.
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