Bank Of Baku

Baku to host next meeting of International North-South Transport Corridor Coordination Council in May

Baku to host next meeting of International North-South Transport Corridor Coordination Council in May
# 04 May 2013 09:57 (UTC +04:00)

 

Baku. Victoria Dementyeva – APA. The next meeting of the Coordination Council of the International North-South Transport Corridor (INSTC) will be held in Baku in May. APA reports quoting the Indian Foreign Ministry that during the visit of Azerbaijan’s Foreign Minister Elmar Mammadyarov to India, it was discussed to re-energise the implementation of the project.

 

Total length of the International North-South Transport Corridor is 7,200 km and it aims to transport passengers and cargos from the Indian and Persian Gulf to North and West Europe through Azerbaijan and Russia.

 

An intergovernmental agreement on the International North-South Transport Corridor was signed by Russia, Iran and India in St. Petersburg on September 12, 2000. Afterwards Azerbaijan, Kazakhstan, Turkey, Ukraine and etc. joined this agreement.

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