‘Silk Road’ Trade Route Revived as First Train Arrives in Iran from China with Goods

BRICS, 22 Feb 2016

ABC News Australia – TRANSCEND Media Service

Iranian officials applaud on the platform as the Silk Road train arrives in Tehran. AFP

Iranian officials applaud on the platform as the Silk Road train arrives in Tehran. AFP

15 Feb 2016 – The first train to connect China and Iran has arrived in Tehran loaded with Chinese goods, reviving the ancient Silk Road, the Iranian railway company says.

Key points:

  • First train connecting Iran and China arrives in Tehran, reviving ‘Silk Road’ trade route
  • Trains will now travel periodically between two countries using private train routes
  • The move comes after China President Xi Jingping visited the Middle East

The train, carrying 32 containers of commercial products from eastern Zhejiang province, took 14 days to make the 9,500-kilometre journey through Kazakhstan and Turkmenistan.

“The arrival of this train in less than 14 days is unprecedented,” said the head of the Iranian railway company, Mohsen Pourseyed Aqayi.

“The revival of the Silk Road is crucial for the countries on its route,” he said at a ceremony at Tehran’s rail station attended by the ambassadors of China and Turkmenistan.

The Silk Road is an ancient network of commercial land and sea routes, named for the lucrative Chinese silk trade, that were central to business across the Asian continent connecting China to the Mediterranean Sea.

The train’s journey was 30 days shorter than the sea voyage from Shanghai to the Iranian port of Bandar Abbas, according to Mr Aqayi.

The railway will not stop in Tehran “as we are planning to extend the railway to Europe in future”, generating more income for Iran from passing trains, he added.

The train will leave every month and the frequency will be increased if necessary. The train is run by private companies using existing routes.

According to Iranian media, more than a third of Iran’s foreign trade is with China, which is Tehran’s top customer for oil exports.

Chinese President Xi Jinping and Iranian President Hassan Rouhani agreed last month to build economic ties worth up to $US600 billion ($840 billion) within the next 10 years.

It came during a visit to Iran by Mr Xi, the first by a Chinese president in 14 years, and just days after sanctions against Tehran were lifted under a historic nuclear deal with world powers.

Mr Xi’s signature foreign policy initiative known as “One Belt One Road” is touted as a revival of ancient Silk Road trade routes.

AFP

Go to Original – abc.net.au

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