Iran Sees 63% Increase in Commodity Transit in First Half of Year

The transit of commodities through Iran's roadways surged by 63% in the first six months of the current Iranian calendar year (March 20-September 21) compared to the same period last year, according to data released by the Transport and Urban Development Ministry.

Iran (IMNA) - During this period, approximately 9.3 million tons of goods were transited via Iran's roads, which included 4.7 million tons of non-oil goods and 4.6 million tons of oil products.

The Shahid Rajaei port and the Parviz Khan border terminal were the most significant points for incoming transit, handling 2.5 million tons and 2.4 million tons, respectively.

The continuous increase in transit records and growing interest from neighboring, regional, and extra-regional countries in Iran's transit and logistics capabilities highlight the effectiveness of the government's transformative approach to this strategic issue, emphasizing the development of comprehensive economic relations with neighbors.

Former Transport and Urban Development Minister Mehrdad Bazrpash noted that the "Iran Way" initiative allows neighboring countries to utilize Iran as a route to access international waters. He described this initiative as a gateway to Iran's transit opportunities.

In the previous Iranian calendar year (ending March 20, 2023), a total of 10.8 million tons of commodities were transited through the country.

The Transport Ministry has prioritized enhancing transit roles in major programs such as China's Belt and Road Initiative, the Shanghai Cooperation Organization, the Economic Cooperation Organization (ECO), and the Eurasian Economic Union (EAEU).

The government's focus on fostering political and economic relations with neighboring countries, along with increased attention to road and rail routes globally, has significantly contributed to the growth in goods transit through Iran.

Iran's strategic location positions it as a vital player in trade and transit relations, facilitating several important international corridors. By prioritizing infrastructure development, reducing transit times, and offering competitive advantages over other routes, Iran aims to enhance its status in regional transit operations.

News ID 799354

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