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INSTC Corridor and Digital TIR
5 September 2018, Baku Kazem Asayesh Senior Adviser, TIR and Trade Facilitation
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International North South Transport Corridor (INSTC)
INSTC is initiated in 2000 by Iran, Russia and India connecting Indian Ocean and Persian Gulf to Russia via Iran; The INSTC was expanded to include eleven new members, namely: Azerbaijan, Armenia, Kazakhstan, Kyrgyzstan, Tajikistan, Turkey, Ukraine, Belarus, Oman, Syria, Bulgaria (Observer); INSTC can reduce the time and cost of transport by 30-40%; ---- Previous Route (Transit Time 40 to 60 days) INSTC Route (Transit time 25 to 30 days)
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India acceded to TIR Convention in June 2017
TIR became operational on 15 August 2018
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TIR contributes to the activation of the INSTC corridor
= the gate to Iran Turkey Russia Afghanistan All CIS countries All Central Asian countries All the EU Countries
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Digital TIR is key on activation of the INSTC Corridor
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Thank you for your attention
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