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Iran, Azerbaijan and Georgia agree to open a new transit route

Iran, Azerbaijan and Georgia agree to open a new transit route
Iran, Azerbaijan and Georgia agree to open a new transit route

Iran, Azerbaijan, and Georgia have reached an agreement to establish a transit route connecting the Persian Gulf to the Black Sea.

“Following two meetings with Azerbaijan and Georgia, we proposed an initiative to the two countries to create a new transit corridor for regional convergence,” Director-General of RMTP Office of International Transit and Transportation Javad Hedayati said. According to him, the plan was already proposed eight years ago, but the parties have not reached a consensus.

He stated that the establishment of this new route could connect the Persian Gulf to the Black Sea.

“Georgia and Iran are the two main parties to the agreement, as Iran is connected to the free waters through the Persian Gulf, and Georgia has two important trading ports east of the Black Sea; On the other hand, Georgia and Azerbaijan have made great efforts to improve and develop their transportation infrastructure, so we tried to increase cooperation with both these countries,” Javad Hedayati revealed.

Based on the agreement, first, within the next four months, some pilot cargoes will be sent from Iran to deliver Iranian goods to Azerbaijan through the Astara border and also to Bulgaria or other Eastern European countries via Georgian ports on the Black Sea.

“We are trying to carry out the pilot phase of this project before the end of the (current Iranian calendar year, March 20, 2022) so that obstacles and issues could be identified and finally in a final tripartite meeting between the three countries, a mechanism will be created to reduce shipping costs and time,” the official explained.

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