Soon, goods can be moved between India and Russia via Iran: Concor

Container Corp inks pact with RZD Logistics for single-invoice cargo transport

The show of affection between India and the US during President Donald Trump’s visit has not deterred India from taking a step forward in using transport infrastructure to connect with Russia much faster through Iran, a country in spotlight for facing the US sanctions.

Within three months, traders from India and Russia can move goods between the two countries through Iran, said Container Corporation of India (Concor) CMD V Kalyana Rama on Tuesday evening.

This follows a service agreement between Concor and RZD Logistics JSC (subsidiary of Russian Railways) on Tuesday to transport cargo between India and Russia using a single invoice.

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