18 Jul 2024
Monday 26 December 2016 - 10:57
Story Code : 244377

Iran, Kazakhstan deal for shipping JV

Iran, Kazakhstan deal for shipping JV
Maritime Professional: The chief executive officers of Islamic Republic of Iran Shipping Line (IRISL) and Kazakhstans KTZ Express a subsidiary of the countrys national railways company- signed an agreement for establishing a joint company.

The deal could lead to the creation of a new transport corridor connecting Irans southern ports to the upper parts of Central Asia - and even possibly Russia and China.

On the sideline of Iran's president visit to Kazakhstan, an agreement for establishing a joint company between Islamic Republic of Iran Shipping Line (IRISL) and Kazakhstans KTZ Express a subsidiary of the countrys national railways company- was signed by Dr. Mohammad Saeedi, the director and head of the board at IRISL and Dias Iskakov, MANA correspondent reported.

The agreement seeks to encourage measures contributing to facilitating maritime transportation in the Caspian Sea Region, joint cooperation in terminal management, integrated transportation between Irans southern ports and CIS countries, building port terminal and investment in the ship repair sector between Iran and Kazakhstan.

On the sideline of the Signing Ceremony, Dr. Mohammd Saeedi and Dias Iskakov also discussed and exchanged idea over the relevant issues, according to this report.
 
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