Thursday, 24 March 2016

Ashgabat Agreement


25th March, 2016

Ashgabat Agreement 

Ashgabat Agreement

It is an international transport and transit corridor facilitating transportation of goods between Central Asia and the Persian Gulf. 

The Ashgabat Agreement has Oman, Iran, Turkmenistan and Uzbekistan as founding members. 

Kazakhstan has also joined this arrangement subsequently. 

Accession to the Agreement would enable India to utilize this existing transport and transit corridor to facilitate trade and commercial interaction with the Eurasian region. It would also facilitate International North South Transport Corridor for enhanced connectivity.

Eurasian Region:



Eurasian

International North South Transport Corridor


The objective of the corridor is to increase trade connectivity between major cities such as MumbaiMoscowTehranBakuBandar AbbasAstrakhanBandar Anzali and etc.

The partner countries are India, Iran, Russia, Azerbaijan, Kazakhstan, Armenia, Belarus, Tajikistan, Kyrgyzstan, Oman, Ukraine and Bulgaria.

File:North South Transport Corridor (NSTC).jpg
International North South Transport Corridor

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