Russia. Railway tariffs for North-South transport corridor to decrease by 50%

23.03.2017

Azerbaijan, Iran and Russia agreed to reduce railway tariffs by 50% in order to intensify transportation of goods along the international transport corridor North-South. Representatives of the three countries discussed how to develop freight traffic along this corridor at the meeting in Moscow, informs UkrAgroConsult.

Preferential tariff rates for 2017 with the aim to boost transportation on this route from Russia, Azerbaijan, Belarus, Latvia, Estonia and Finland to the countries of the Persian Gulf, India and back was the main target of the meeting. Participants of the meeting "reached a consensus on tariff rates".

At the first stage, it is planned to transport 6 MMT of cargo per year along the North-South corridor, and later - 15-20 MMT. As a reminder, the potential volume of Russian grain exports along the North-South corridor is 8 MMT. The opening of this route will shorten cereals delivery time by 50%, and will help to reduce logistic costs by 20%.

 

UkrAgroConsult

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