Iran Press/ Iran news: The transit of goods via Iran has registered a 60% growth over the past year, according to the minister.
Bazrpash attributed the growth to the security and cost-effectiveness of Iran's transit route.
The minister made the remarks during a meeting of BRICS transport ministers held via videoconference.Iran's permanent membership in BRICS is seen as a strategic success for the country's foreign policy.The country's privileged geopolitical location and abundant transit advantages make it an attractive route for regional and international trade.The significant increase in goods transit via Iran is a testament to the country's strategic location and its efforts to develop its transportation infrastructure. The growth in transit traffic is likely to have a positive impact on Iran's economy, as it positions itself as a key player in regional and international trade.
The minister's remarks also highlight the importance of BRICS, a grouping of emerging economies, in shaping new trends in global trade and development. The organization provides a platform for member states to share their experiences and meet each other's needs, promoting economic cooperation and development.
The development of the International North-South Transport Corridor (INSTC) is also seen as a key factor in boosting synergy among BRICS member states in the transport and transit fields. The corridor has the potential to improve international transportation and develop mixed transportation within its framework.
Overall, the growth in goods transit via Iran is a positive development for the country's economy and its position in the region and is likely to have a significant impact on its trade relations with other countries. 219
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