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World


Russia to open €3 billion credit line for North-South Transport Corridor, says Iranian minister

Tehran, Nov 20 (UNI) Iran’s Minister of Roads and Urban Development Mohammad Eslami said Russia has decided to open a €3 billion credit line to finance the international North-South Transport Corridor (NSTC) which connects India to Russia via Iran.
Iranian minister will be travelling to Russia to discuss Tehran-Moscow cooperation in the railroad industry within the framework of the NSTC.
The minister said " Russia has agreed to open a €3 billion credit line for development of the major railroad corridor projec, Tasnim news agency reported.
The Russian, Indian and Azeri officials will also hold a meeting, added minister.
NSTC project was conceived in September 2000 and later came into force in the year 2002 after being ratified by the three countries. Since then, 11 more nations joined the project: Armenia, Azerbaijan, Belarus, Bulgaria (observer status), Kazakhstan, Kyrgyzstan, Oman, Syria, Tajikistan, Turkey, and Ukraine,
The International North–South Transport Corridor is a 7,200-km-long multi-mode network of ship, rail, and road route for moving freight between India, Iran, Afghanistan, Armenia, Azerbaijan, Russia, Central Asia and Europe. The long corridor connects India to Russia through Iran’s southeastern port city of Chabahar.
According to The Diplomat magazine, INSTC will be 30% cheaper and 40% shorter than the existing routes.It is estimated that the corridor will facilitate carrying 20-30 million tonnes of goods per year.
UNI XC KPV 1934
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EU announce 32 million euro for Rohingya, B'desh host community

EU announce 32 million euro for Rohingya, B'desh host community

02 Jul 2020 | 10:27 PM

Dhaka, Jul 2 (UNI) European Union (EU) has announced around Taka 304 crore (32 million euro) funding for livelihood improvement along with COVID-19 pandemic response of both Rohingya and Bangladeshi host communities in Cox’s Bazar.

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In change of tone, Trump says he's 'all for wearing masks in public'

In change of tone, Trump says he's 'all for wearing masks in public'

02 Jul 2020 | 8:49 PM

Washington, July 2(UNI) After long resisting calls to wear a face mask in public due to the coronavirus pandemic, US President Donald Trump on Thursday struck a different tone, saying he is in favour of the protective covering.

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Putin to rule over Russia till 2036

Putin to rule over Russia till 2036

02 Jul 2020 | 8:27 PM

Moscow, July 2(UNI) Russian President Vladimir Putin will be ruling over Russia till 2036 as the Russian people voted overwhelmingly for constitutional changes that reset the clock on the longtime Russian leader's tenure to zero, even as critics said the result was manipulated on an industrial scale.

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Palestine's Fatah, Hamas join hands to fight Israeli annexation plan

02 Jul 2020 | 8:01 PM

Ramallah, July 2 (UNI) The two rival Palestinian groups, the Fatah movement and Islamic Hamas movement, announced on Thursday that they are unifying their positions against Israel's plans to annex Palestinian territory, Al Jazeera reported.

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US passes sanctions against China for its Hong Kong policy

US passes sanctions against China for its Hong Kong policy

02 Jul 2020 | 7:41 PM

Washington, July 2(UNI)The US House of Representatives on Thursday approved new sanctions against China related to its Hong Kong policy, after Beijing imposed a security law that has been condemned by countries around the world.

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