India exploring Azerbaijan-Iran road route for trade with CIS

India exploring Azerbaijan-Iran road route for trade with CIS
# 24 December 2013 09:46 (UTC +04:00)

The commerce ministry has asked Freight Forwarders’ Association of India (FFAI) to conduct a dry run to study the feasibility of using the road route between the two places.

 

“We are trying to completely explore the route through a cost benefit analysis. The idea is to use the infrastructure as it is present. The plan to build the rail is going on separately,” a commerce ministry official said, speaking on condition of anonymity. “We are trying to find out why businesses do not use the existing road link. What are the problems and concerns of businesses?”

 

India currently uses the Suez Canal to reach the landlocked CIS countries. If the rail link is built, goods from India can be ferried through Iran into the CIS countries using the Bandar Abbas port, which will reduce the distance drastically.

 

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THE OPERATION IS BEING PERFORMED