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India likely to operationalise INSTC next month


India is set to operationalise the International North-South Transport Corridor (INSTC) route by moving the first export consignment to Russia via Iran and Azerbaijan in mid-January, it is learnt.


Speaking on the sidelines of an event here, a senior Customs Department official said the container cargo will be moved through the Iranian port of Bandar Abbas. It will reduce the cargo transportation time from the earlier 35 days to almost 17 days, it was highlighted.


Source: Exim News Service - NEW DELHI, Dec. 6


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