Iran Eyes Rise in Trade with New Terminal on Turkish Border
TEHRAN (Tasnim) – Iran is to launch a new terminal on its border with Turkey with the aim of increasing international trade via its territory.
Iran’s Road Maintenance & Transportation Organization (RTMO) said in a statement on Saturday that Razi Border Terminal will be officially inaugurated within days in a ceremony that will attended by senior government officials.
It said the terminal will make it much easier for passengers and cargo trucks to travel between Iran and Turkey.
the Terminal will also help boost bilateral trade between Iran and Turkey amid measures taken by the two countries to meet a $30 billion target in their annual exchanges, Press TV reported.
Iran started construction operation of Razi Border Terminal in 2019 and has so far spent about $25 million on this project.
The three-story terminal can process passengers and goods 24 hours a day and in three shifts.
RTMO figures showed that the time needed to process passengers travelling via the border between Iran and Turkey would drop from an average of three hours to 15 minutes with the launch of the new terminal in Razi border crossing point.
The crossing is near Qotur, a border area located some 70 kilometers from Khoy, the second largest city in Iran’s West Azerbaijan province.
It is one of Iran’s key trade gateways in the west of the country and leads to Kapıköy in Turkey’s Van province.
Iranian officials hope the expansion project in Razi crossing would lead to a rise in cargo transport via Iranian territory between Turkey and landlocked countries located to the east and northeast of Iran.