Iran Press/ Iran news: The International North-South Transport Corridor is one of the few routes to carry merchandise from Asia to Russia.
According to Rossiyskaya Gazeta, the route is very promising and significantly reduces transportation time, says Oleg Ivanov, senior instructor at the International Business and Customs Affairs Department of the Plekhanov Russian University of Economics.
Complications emerge with border and customs control in participating countries, making transporting cargo more expensive. We must computerize and sync information and customs systems to overcome these difficulties, Daily reported.
According to the expert, the new memorandum signed by the three countries will facilitate this.
Top customs officials of Russia and Iran, Vladimir Bulavin and Alireza Moghadasi, also said that soon, they were ready to sign an agreement on the mutual recognition of the status of Authorized Economic Operator (AEO), which will simplify mutual trade. The two countries’ agencies will exchange information on the customs value of the merchandise and will cooperate in the sphere of staff education and training.
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Transit via North-South Corridor has increased over last three months
