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Ukraine, Iran, Azerbaijan, Georgia and Poland to create new transport corridor

Staff Writer |
Ukraine, Iran, Azerbaijan, Georgia and Poland intend to create a new route for goods transportation from countries of the Indian Ocean and the Persian Gulf to Europe and back, an alternative to the sea one.

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Annual trade turnover with India, Pakistan and countries of the Persian Gulf is about 72 MMT, including more than 25 MMT from European countries.

Now 94% of this traffic is transported through the Indian Ocean, the Suez Canal and the Mediterranean Sea.

The main advantage of the corridor is a short transit route and, consequently, 100-200% less time spent on transportation. About 12-15 days compared to 30-40 days of the seaway.

In addition, this route is more than 1000 kilometers shorter than another land corridor through the territory of Russia, reports UkrAgroConsult.

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