Kazakhstan Temir Zholy To Set New Freight Tariff Conditions With Iran

Kazakhstan And Latvia Developing Transit And Transport Cooperation

Kazakhstan Temir Zholy and Railways of the Islamic Republic of Iran signed a Protocol on tariff preferences between the railway administrations of the two countries to attract additional cargo flows, reports KazWorld.info. 

Iran and Kazakhstan have signed a memorandum of understanding to boost inter-state transportation of rail cargo by lowering transit tariffs.

The MoU was signed in a meeting between representatives of the Islamic Republic of Iran Railways and Kazakh railroad officials in Tehran, The Ministry of Roads and Urban Development’s news service reported on Tuesday. The report did not elaborate on the tariff rates.

The Iranian side expressed interest in the transport of food and horticultural goods from Iran to the CIS countries through the territory of Turkmenistan and Kazakhstan in refrigerated containers of KTZ.

The agreement is aimed at increasing cargo transit via railroad passing through Kazakhstan, Turkmenistan and Iran, which enters the Iranian soil in the northern border cities of Sarakhs and Incheh Borun.

Currently, Iran offers up to 35% discount to commodities such as cotton, sulfur, fertilizers and mazut shipped from some Central Asian states, if they are destined for Pakistan, Turkey and the southern port of Bandar Abbas where the commodities are transported by sea.

In 2016, the volume of transport between Kazakhstan and Iran amounted 2 mil tons, 16% up compared with 2015. The export increased by 14% and increased transit between the two countries.