Russian fighters scrambled 14 times in past week to intercept foreign aircraft — ministryMilitary & Defense June 23, 6:17
EU summit participants show unity on anti-Russian sanctions — MerkelWorld June 23, 4:11
Moldovan parliament refuses to hold no confidence vote in Foreign Minister Andrei GalburWorld June 23, 2:03
Google.ru’s temporary ban should serve as reminder to others — lawmakerBusiness & Economy June 23, 1:59
Russian lawmaker slams EU’s decision to extend sanctions on Moscow as absurdRussian Politics & Diplomacy June 23, 0:32
IOC spokesperson confirms Bach’s words about possible sanctions on RussiaSport June 22, 23:27
Germany-Chile Confederations Cup encounter in Kazan ends with 1-1 drawSport June 22, 23:12
Putin praises Moscow International Film FestivalSociety & Culture June 22, 21:49
Russian football team getting ready for game with MexicoSport June 22, 21:38
MAKHACHKALA, July 21. /TASS/. The first session of a working group to analyze potentials of a Caspian transportation and logistics hub and to prepare proposals on its efficient implementation was held at the Russian Ministry of North Caucasus Affairs on Wednesday, the ministry press service reports.
"The development of the International North-South Transport Corridor and the upcoming signing of an Iranian-Russian agreement on a ‘green corridor’ will increase trade and necessitate new capacities," the press service quoted Minister Lev Kuzhetsov, who chaired the session.
"To solve this task we suggest first of all engaging potentials of the Makhachkala port (in Russia’s republic of Dagestan)," it said.
The port of Makhachkala is the only non-freezing port of the Caspian Sea and is ready to receive cargoes throughout the year unlike two other Russian ports of Olya and Astrakhan.
According to Deputy Minister of the North Caucasus Affairs Andrei Reznikov, who chairs the working group, the turnover of the three ports is seven million tons, and could be at least doubled. "A possibility exists to increase turnover to 15-22 million tons a year," he said.
The press service quoted ministry officials as saying the setting up of a Caspian hub would be expedient in view of "a prospect to increase flow of cargo not only from Iran, but also from India."