Showing posts with label Silk Road. Show all posts
Showing posts with label Silk Road. Show all posts

Tuesday, August 29, 2023

Russia activates its alternative routes to replace transit and shipping through the Black Sea, while Iran Saudi Arabia upgrade their newly revived relations

    Tuesday, August 29, 2023   No comments

The chief executive of the Islamic Republic of Iran Railways (RAI) announced on 27 August the transit of Russian cargo to Saudi Arabia via the Iran transport corridor for the first time.

A transit train hauling 36 containers entered Iran for the first time from Russia through Iran’s Incheh Borun rail border near Turkmenistan, Miad Salehi stated.

The deputy roads minister added that this cargo transit train was dispatched to the port city of Bandar Abbas on the Strait of Hormuz and will be transferred from there to the Saudi Arabian port city of Jeddah by sea.

Russia seeks to develop the International North–South Transport Corridor (INSTC) to connect India, Iran, Russia, Azerbaijan, and other countries via railways and sea.

Russia says the INSTC will rival the Suez Canal as a major global trade route.

In May, Russian President Vladimir Putin and his Iranian counterpart Ebrahim Raisi signed a deal to finance and build an additional Iranian railway line between the cities of Rasht and Astara.

“The unique North-South transport artery, of which the Rasht-Astara railway will become a part, will help to significantly diversify global traffic flows,” Putin said.

He also said the 162-kilometer railway along the Caspian Sea coast would help to connect Russian ports on the Baltic Sea with Iranian ports in the Indian Ocean and the Gulf.

“Without a doubt, this agreement is an important and strategic step in the direction of cooperation between Tehran and Moscow,” Raisi said.

Iran hopes the successful development of Russian-financed railway links comprising the NSTC will increase transit revenues and reinforce Iran’s “Look to the east” policy of strengthening ties with neighboring countries and eastern powers in response to western economic sanctions.

Raisi’s Deputy Chief of Staff for Political Affairs, Mohammad Jamshidi, claimed that the INTSC earnings would rival Iran’s oil revenue. In this vein, the semi-official ISNA on May 17 estimated annual revenue of $20 billion from the corridor.

State broadcaster-run Jam-e Jam newspaper described Iran as the “golden path of trade” in an article highlighting the potential benefits of the railway.

Iran and Russia have developed closer economic, diplomatic, and military ties in recent years, as both countries have been subject to US economic sanctions and have resisted US foreign policy in West Asia, including Syria, and the former Soviet states, including Ukraine.


Sunday, August 13, 2023

The Century Project.. Algeria announces the completion of a road linking its borders with Tunisia and Morocco

    Sunday, August 13, 2023   No comments

Algeria announced, on Saturday, the completion of the “East-West Highway,” which starts from the country’s western border with Morocco and reaches its eastern border with Tunisia, with a length of 1,216 km.

This came during the inauguration of the Algerian Prime Minister, Ayman bin Abdel Rahman, the last section of the road that connects the city of Daraan (Al-Tarif Governorate in the far east) with the Tunisian border at a distance of 84 km, according to state television.

Thus, Algeria has completely completed the completion of this road, which began to be built at the beginning of the new millennium and was called the “Project of the Century”.

According to official figures of the Algerian government, the total cost of the road exceeded 13 billion dollars, and it was supposed to be completed in 2012.

The project experienced delays due to technical and administrative problems, and at that time a corruption case erupted, known as the “scandal of the century,” and the trials ended in 2015 with the Algerian judiciary issuing prison sentences and financial fines against those involved.

And the Algerian authorities relied on the immediate exploitation of every section of the road that was prepared, until it was completely completed, on Saturday.

Bin Abdul Rahman called for activating road maintenance networks and ensuring that it is suitable for vehicle traffic.

The last section of the road allows for an increase in the volume of trade exchanges with Tunisia, in addition to ensuring the smooth movement of people between the two countries.

The "giant road" is located within an economic and commercial integration scheme drawn up by the Union of Arab Maghreb States, to link the land of Morocco, Algeria and Tunisia, but the differences between Algeria and Rabat and the closure of the land borders between them since 1994 prevented the completion of the road scheme.

And the Algerian Prime Minister, Ayman bin Abdel Rahman, inaugurated the last section of the road, which connects the city of Daraan (Al-Tarif Governorate in the far east) with the Tunisian border, at a distance of 84 kilometers, and thus Algeria has completely completed the completion of this road, which began construction at the beginning of the new millennium, and was named with the "Project of the Century".


The Algerian Prime Minister said that Algeria "now has the longest road network on the continent, with a distance of 141,000 km, of which 9,000 km are highways, according to international standards."


Bin Abdul Rahman called for "activating road maintenance networks and ensuring that it is suitable for vehicle traffic." The last section of the road allows for an increase in the volume of trade exchanges with Tunisia, in addition to ensuring the smooth movement of people between the two countries.

In this regard, bin Abd al-Rahman said that this road is "the artery of the economy, and we are working with an economic approach to endorse development and end isolation," pointing out that "although the Dhara'an section was completed by foreign institutions, the project involved many competencies and hands." qualified Algerian worker.


The East-West Highway is of paramount importance, in terms of the economic, developmental and social dimension, and its completion means the complete opening of the motorway that connects 17 northern Algerian states, out of 58 states, that make up the Algerian Republic, and also connects Algeria with other Arab countries.




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