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Tehran, Moscow ink rail data-sharing pact to boost INSTC efficiency
A memorandum of understanding (MoU) on "electronic bilateral data exchange related to the geographical location and status of the rail fleet" was signed by the chief executives of Russian Railways JSC and the Islamic Republic of Iran Railways. The agreement specifically covers data exchange for wagons and containers, IRNA reported.
The signing occurred during a working visit to Russia by Jabar Ali Zakeri, the deputy minister of roads and urban development.
The MoU "will also provide for the exchange of experiences in the use of innovative information technology solutions in international rail transport," Iran's rail company stated. It is expected to "increase the productivity and safety of the rail fleet in international transportation and transit."
"With the implementation of the provisions of this memorandum, the transit time of export and transit cargoes of Russia and Central Asian countries through the rail corridors of the Islamic Republic of Iran, especially the North-South corridor, will be reduced," the announcement detailed. Furthermore, it "will increase the possibility of more precise and intelligent monitoring and control of the rail transport fleet, especially in international traffic."
