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Paul Antonopoulos — Russia, India and Iran Organize Unprecedented Alternative to the Suez Canal

Summary:
The new project will involve both rail and sea transport. The products will be transported from India to the Iranian city of Bandar Abbas on the coast of the Persian Gulf, then – to Bandar-e Anzali, on the coast of the Caspian Sea, from where they will travel to the Russian city of Astrakhan by sea, then to Europe by rail. The new route will be cheaper and shorter than the Suez Canal because the time and cost of transportation will be reduced by 30-40%. For example, compared with the Suez Canal, goods transported from Mumbai to Moscow by the new corridor will arrive 20 days earlier. The new route will allow annual transport of 20-30 million tons of cargo.... Fort Russ NewsRussia, India and Iran Organize Unprecedented Alternative to the Suez Canal Paul AntonopoulosSee also Russian

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The new project will involve both rail and sea transport. The products will be transported from India to the Iranian city of Bandar Abbas on the coast of the Persian Gulf, then – to Bandar-e Anzali, on the coast of the Caspian Sea, from where they will travel to the Russian city of Astrakhan by sea, then to Europe by rail.
The new route will be cheaper and shorter than the Suez Canal because the time and cost of transportation will be reduced by 30-40%. For example, compared with the Suez Canal, goods transported from Mumbai to Moscow by the new corridor will arrive 20 days earlier. The new route will allow annual transport of 20-30 million tons of cargo....
Fort Russ News
Russia, India and Iran Organize Unprecedented Alternative to the Suez Canal
Paul Antonopoulos

See also

Russian Railways (RZD), the Russian state railway company, is currently working on a wide range of international projects, which are helping many countries around the world to develop their railway systems. One of the most promising of RZD’s partners in Asia is India.…
NEO
Railway Partnership Agreement between Russia and India is Under WayDmitry Bokarev
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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