First ‘Silk Road’ Train Arrives in Tehran

By John Lee.

The first cargo train that left China almost a fortnight ago arrived in Tehran on Monday morning.

The train entered the country through the northeastern Sarakhs border point on Sunday carrying 32 containers, having passed through Kazakhstan and Turkmenistan.

It left the Chinese trading hub of Yiwu, in the northwestern province of Xinjiang, on 29 January and travelled over 10,000 kilometers in 14 days.

According to Press TV, this is part of a Chinese initiative to revive the ancient Silk Road through which traders traveled from Europe to East Asia.

Beijing has launched the Asian Infrastructure Investment Bank (AIIB) with $100 billion in capital and the New Silk Road Fund with a capital of $40 billion to fund major infrastructure projects in the region, including those pertaining to the development of the New Silk Road.

Iran is strategically-located in the Middle East, sharing land borders with 15 nations, and sea channels on its northern and southwestern coasts.

Tehran has already pledged to support the New Silk Road initiative with an investment of $6 billion for the next six years, the Chinese media have reported.

Chinese President Xi Jinping (pictured) visited Tehran in January at the invitation of President Rouhani.

(Source: PressTV)

No comments yet.

Leave a Reply