Iran sanctions lift-off: India-Kazakh transport corridor can become operational
A multimodal freight link between Kazakhstan and India through Iran can ?technically? be operational once sanctions on the Islamic Republic is formally off. Ambassador of Kazakhstan to India, Bulat Sarsenbayev, said here at the MCC Chamber of Commerce & Industry that the rail link until the Iranian port of Bandar Abbas was already established. However, he said, there were certain bottlenecks that needed to be removed. ?Kazakhstan railway authorities have given mandate to Adanis to work for two terminals at Mundra and Bandar Abbas. They are now doing the due diligence on the proposed projects?, Kazakhstan Ambassador said. He said that Kazakhstan might consider buying or having on lease rent such assets. Sarsenbayev said that the rail link could currently carry two to three million tonnes of freight annually. ?This capacity is proposed to be upgraded to eight to 10 million tonnes. Regular freight movement would also require finding solution to the problem of railway line gauge differential, existing between Kazakhtan and Iran. Courtesy: The Hindu Business Line.