11 Apr 2025
Wednesday 11 March 2015 - 22:25
Story Code : 155074

Iran urges activation of North-South Transport Corridor

Iran urges activation of North-South Transport Corridor
[caption id="attachment_155075" align="alignright" width="236"]Iranian President Hassan Rouhani (L) in a press conference with his Turkmen counterpart Gurbanguly Berdimuhamedow in Ashgabat on March 11, 2015. Iranian President Hassan Rouhani (L) in a press conference with his Turkmen counterpart Gurbanguly Berdimuhamedow in Ashgabat on March 11, 2015.[/caption]

Iranian President Hassan Rouhani has called for the further enhancement of trade exchanges along a�transportation corridor which connects Oman, Iran, Turkmenistan and Uzbekistan.

Rouhani on Wednesday said more efforts are needed for the major transportation line, known as the North-South Transport Corridor, to be activated as it can serve the business and economic interests of the countries in the region.

�The two countries (of Iran and Turkmenistan) are determined to activate the North-South�Corridor, which goes through Oman, Iran, Turkmenistan and Uzbekistan, in order to meet the interests of the all countries in the region,� Rouhani said in a press conference with his Turkmen counterpart, Gurbanguly Berdimuhamedow, in Ashgabat.

Rouhani added that�Iran and Turkmenistan have agreed to expand their trade volume from the current USD�3.7 billion to USD�60 billion in the next 10 years, adding that the two sides have also decided to increase the volume of their trade via railway and road by three and two�folds, respectively, in the same period.

Rouhani also stated that Iran is ready to help Turkmenistan�s industrial enterprises by providing technical assistance and basic materials.

He touched upon the potential�for the cooperation of the two countries in the Caspian Sea, saying that Tehran is ready to engage in joint operation with Ashgabat on marine-related activities including the activation of seaports and shipping lines.

�Iran and Turkmenistan view the Caspian Sea as the sea of peace, friendship and brotherhood,� Rouhani said.

In a meeting with Berdimuhamedow earlier in the day, Iranian President said Iran and Turkmenistan should tap into their potential to improve their bilateral relations.

By Press TV
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