Iran Press/ Iran news: According to the Secretariat of the Supreme Council of Free and Special Economic Zones on Wednesday, a joint meeting to activate the North-South International Corridor focusing on the Iran-Russia Free Zones was held in Tehran with the presence of Saeed Mohammad, Secretary of the Supreme Council of Free and Special Economic Zones of Iran and a group of Russian government economic managers.
The meeting was held to present solutions and proposals of the Iranian and Russian sides to accelerate the launch of the North-South International Corridor and attract investment and develop the Caspian port as soon as possible.
Saeed Mohammad, Secretary of the Supreme Council of Free and Special Economic Zones of Iran emphasized the cooperation of the two sides in accelerating the process of launching the North-South corridor and said: "Given the common goals of Iran and Russia in the economic and security fields, we can work together to accelerate the process of this cooperation."
Mohammad pointed to the economic and geopolitical dimensions of the North-South corridor, saying: "By launching this corridor, we will see a reduction in costs, an increase in the quality of transportation, a decrease in time, and savings in additional expenses."
Back in 2019, a Memorandum of Understanding was signed between the Presidents of Iran, Russia, and the Republic of Azerbaijan to complete the North-South Corridor.
The International North-South Transport Corridor is a 7,200-km-long multi-mode network of ship, rail, and road route for moving freight between India, Iran, Afghanistan, Azerbaijan, Russia, Central Asia and Europe.
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