Rus­sia & In­dia to ink MoU for rail cargo traf­fic

Cargo Talk - - Industry News -

Rus­sian rail monopoly RZD and In­dian Rail­ways will sign a mem­o­ran­dum to set up a joint op­er­a­tor of rail cargo traf­fic via the North-South cor­ri­dor, in­formed Alexan­der Misharin, First Deputy Di­rec­tor Gen­eral, RZD. He named traf­fic via the North-South cor­ri­dor among the pri­or­i­ties for co­op­er­a­tion be­tween the two com­pa­nies. “We plan to sign a mem­o­ran­dum of agree­ment on de­vel­op­ing co­op­er­a­tion with In­dian Rail­ways, which in­cludes de­sign and sup­ply of dis­patch con­trol sys­tems, au­to­mated sys­tems, cre­at­ing a joint op­er­a­tor, as well as study and prepa­ra­tion of doc­u­ments to or­gan­ise joint agreements on cargo traf­fic,” he said. The North-South in­ter­na­tional transport cor­ri­dor is aimed at trans­port­ing cargo from In­dia and Per­sian Gulf coun­tries to western and north­ern Europe via Iran, Azer­bai­jan, and Rus­sia. The cor­ri­dor’s main ad­van­tage is that de­liv­ery will be two or three times faster than it is via other routes. Ini­tially, the plan is to transport five mil­lion tonnes an­nu­ally and then dou­ble the vol­ume.

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