Stating the INSTC in ECO ministerial meeting

The 9th ministerial meeting of Economic Cooperation Organization (ECO) was held in Turkmenistan.
“Iran has appropriate infrastructure for different transportation modes and plays a pivotal role in flourishing of commerce among member countries of ECO, especially landlocked countries” said Iranian minister of roads and urban development, Abbas Akhoundi.
He also referred to opening first phase of Chabahar port development project and notified that the port has reached 8 million ton annual capacity of loading/ unloading which would play a key role in transit of goods from East Asia to Indian subcontinent and from Afghanistan to Central Asia, Russia and Europe which will greatly help to boost regional and international transit and, consequently, the flow of trade in the region.
“Ministerial Meeting of the North- South Corridor will be hold on October 2nd of 2018. Commercialization of this corridor, tariff regulation and many other related issues will be discussed in the meeting” Abbas Akhoundi Added.

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