FFFAI to organise INSTC Conference in December
Updated on November 25th, 2015 at 10:34 IST
NOV 24, 2015: The Federation of Freight Forwarders Association in India (FFFAI) will organise a conference with participation of stakeholders on December 22, inviting Chamber of Commerce, Forwarders, Shipping lines, Port, and Government officials from 13 countries member of the International North South Transport Corridor (INSTC). This will help in the dissemination of information to the member countries of the developments on INSTC and also provide a B2B platform for the participants to connect. The successful activation of the corridor will help connect India to Russia within 16 to 21 days at competitive freight rates hence leading to development of EXIM trade on INSTC Corridor.
FFFAI had submitted the Dry Run study report to the ministry of commerce & Industry, recognising the potential and opportunity for EXIM trade, Government had organised the International North South Transport Corridor Conference in Mumbai, India on 12th June 2015.
Dr. Guruprasad Mohapatra, Jt. secretary, department of commerce, ministry of commerce & industry mentioned that it is very important to hold the conference as there is a lot of potential and opportunities for EXIM Trade. In the view of awakening trade awareness it would be of high significance to hold the INSTC conference, they had visited Iran along with, Shankar Shinde, vice chairman (Federation of Freight Forwarders Association In India, FFFAI), Sohel F Kazani, executive committee Member, FFFAI) and C. Ramkumar, under secretary, ministry of external affairs, travelled in Iran to assess the existing Logistics infrastructure for connectivity.
During the Iran visit, the delegation held meetings in Tehran for meeting with (Road Maintenance and Transport Organization, RMTO), Railways, Road Transport, Customs, Port Maritime Organisation, to assess the developments for connectivity to CIS and Russia via Iran,
Iran Railway Authority has started scheduled train services from Bandar Abbas to Sarakhs (Iran/Turkmenistan Border). Also the missing link from Bandar Abbas to Incheh Borun/Gorgan has commenced operations connecting the port now to Turkmenistan, Kazakhstan and further to Russia.