Iran Press/Iran News: In a meeting with Nikolina Stefanova Kuneva, Ambassador of Bulgaria to Tehran, Dariush Amani said: "Cooperation between the two countries in transportation can reduce the cost and ensure success in competing with the fleets of the countries in the region."
Amani added: "Iran and Bulgaria are the main pillars of the International North-South Transport Corridor (INSTC)."
The corridor is considered one of the most important transit routes which connects western and southern Asian regions.
The INSTC was set up by three states of Russia, India, and Iran on September 12, 2000, in order to promote transportation cooperation. The transit route links the Indian Ocean and the Persian Gulf to the Caspian Sea and then via Russia to Saint Petersburg and North Europe.
The corridor is the most vital trade route between Asia and Europe, which is 40 percent shorter in distance and time and 30 percent cheaper in costs.
The ambassador of Bulgaria to Tehran also said: "We always try to help the development of relations between the businessmen of the two countries in order to facilitate the process of goods transfer and transit."
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