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Tehran

Iran preparing 5-year comprehensive plan to expand transit ties with trade partners

Iranian Transport and Urban Development Ministry is preparing a five-year comprehensive plan for increasing transportation and transit relations with Central Asia, as well as the Persian Gulf and the Sea of Oman countries, Deputy Transport Minister Shahriyar Afandizadeh announced.

According to Afandizadeh, the mentioned plan is being prepared in collaboration with all related bodies, and negotiations are underway for its finalization under the framework of several memorandums of understanding (MOUs) at the level of the relevant ministers, IRNA reported.

The plan includes the basic strategies and executive roadmap in a step-by-step manner for the next five years and will mark the evolution of the bilateral transport and transit relations with the target countries, including the countries of Central Asia and the Persian Gulf and the Sea of Oman, Afandizadeh explained.

This year, the issue of transit and playing a role in major programs such as those related to China’s Belt and Road Initiative, Shanghai Cooperation Organization, Economic Cooperation Organization (ECO), and Eurasian Economic Union (EAEU) is one of the main priorities of the Transport Ministry in developing transport relations with regional and extra-regional target countries, the deputy transport minister noted.

After seven years of reduction in the transit of goods from the country, the growth path of transit resumed in the past Iranian calendar year 1400 (ended on March 20, 2022) and with the passage of 12.65 million tons of goods through Iran, a growth of 68 percent was achieved.

The policy of paying attention to neighbors and developing political and economic relations with neighboring countries in the current government, increasing attention to road and rail routes in the world, and the efforts and cooperation of transportation and trade-related organizations in establishing or activating corridors through the country has led to significant growth in transit of goods through Iran.

Iran is one of the countries with a special status in trade and transit relations due to its strategic location and special geography, as the country is the passage of several important international corridors.

Considering its geographical location, Iran can play a significant role in the transit of goods in the region and benefit a lot from its status in this due.

Paying attention to upstream documents, especially the country’s development plans, and the government’s decision to develop transit, paying special attention to infrastructure development, reducing transit time, making it cheaper to cross Iran, and making more advantages over competitors, due to the short path for customers, can lead to facilitating the development of transit so that the country can reach the desired growth in this due.