Russia has agreed for Turkmenistan to join the agreement on the International Transport Corridor (ITC) North-South. Russian Prime Minister Mikhail Mishustin signed a corresponding decree.
"To accept the proposal of the Ministry of Transport of Russia, agreed with the Ministry of Foreign Affairs of Russia and other interested executive authorities, on the expression by the Russian side of consent to Turkmenistan's accession to the Agreement on the International North-South Transport Corridor," the document says.
Turkmenistan has previously announced plans to become a participant in this project. Mammetkhan Chakiyev, Director General of the Agency for Transport and Communications under the Cabinet of Ministers, reported that work is underway in this direction and, due to its geographical location, Turkmenistan plays an important role in the development of global supply chains.
The intergovernmental Agreement on the creation of a multimodal North-South transport corridor was signed by Russia, India and Iran in 2000. Later, the list of participants expanded to 14.
The aim of the project is to attract the transit of cargo flows from India, Iran and the Persian Gulf countries through Russian territory to Europe. Now the project unites several different transport systems of individual states.
