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01:21
Iran to develop transit hub for Asia-Europe trade
STORY: Iran to develop transit hub for Asia-Europe trade
SHOOTING TIME: Dec. 10, 2024
DATELINE: Dec. 12, 2024
LENGTH: 00:01:21
LOCATION: Tehran
CATEGORY: ECONOMY
SHOTLIST:
1. various of the conference
STORYLINE:
Iran is working to attract a share of the Asia-Europe goods transit by developing a free zone in its northwest, not least by completing a key rail route, an Iranian official said on Tuesday.
Hossein Garousi, head of the Maku Free Zone Organization, outlined the plan ahead of an international conference on the economic development of the free zone.
Iran aims to handle some 150 billion U.S. dollars worth of goods transported from China to Europe via the Maku Free Zone annually, he said.
Garousi emphasized that an investment of 500 million dollars in the rail route would enable the transport of 15-20 million tons of goods annually by train.
Xinhua News Agency correspondents reporting from Tehran.
(XHTV)
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