Date of Post: 21 Sep, 2017
New Delhi: India & Turkmenistan will explore the possibility of expanding the INSTC (International North-South Transport Corridor) by linking it to the Kazakhstan-Turkmenistan-Iran railway link.
This was decided at the the 13th meeting of the India-Kazakhstan Inter-Governmental Commission (IGC) on Wednesday.
- From the Indian side, Dharmendra Pradhan, Minister of Petroleum & Natural Gas & Skill Development & Entrepreneurship, led a delegation to Astana, Kazakhstan.
- Pradhan was the co-chair at the meeting & the Minister of Energy of Republic of Kazakhstan, Kanat Bozumbayev, co-chaired the meeting from Kazakh side.
- INSTC has already become operational by agreeing to conduct a dry run feasibility study on the railway link, an official statement said.
- “Both leaders agreed to collaborate in the oil and gas sector for mutual benefit and further strengthen the engagement by addressing issues of concerns to Indian investors, particularly in Kazakh hydrocarbon sector,” the statement said.
About The INSTC (International North-South Transport Corridor)
- INSTC is a 7,200 km long multi-mode network of ship, rail & road route for moving freight between India, Russia, Iran, Europe & Central Asia.
- he route primarily involves moving freight from India, Iran, Azerbaijan & Russia via ship, rail & road.