Ashgabat Agreement Upsc Insights
On 24 January 2013, at a press and announcement conference, the previously signed concession agreement was announced and a separate tripartite agreement was signed in Yerevan by Rasia FZE, the russian railways (RZD) subsidiary of the City`s South Caucasus and the Armenian government, concerning technical cooperation, investment and future operation of the Southern Armenia railways. Rasia FZE announced the appointment of the China Communications Construction Company as a “prominent member of the development consortium” for the project and the launch of the feasibility study.  Theme: Bilateral, regional and global groupings and agreements in which India participates and/or harm India`s interests. India and Iran reached a long-standing agreement signed in 2002 to make Chabahar a complete deep-water port.  The port of Bandar Abbas takes 85% of Iran`s maritime trade and is overloaded.  While Chabahar has a high capacity and plans to expand its current capacity from 2.5 million to 12.5 million tonnes per year.   Unlike Bandar Abbas, Chabahar has the capacity to carry cargo ships of more than 100,000 tons.  Industry analysts have pointed out that there are long-term plans to integrate Chabahar into the NSTC, “India also observes trade with Europe via the port of Chabahar and the north-south international transport corridor.”  On 28 July 2012, Rasia FZE (a Dubai-based investment firm of Rasia Group) was awarded a concession contract for the feasibility, project, financing, construction and operation of a new 30-year railway link between Armenia and Iran, with a right of renewal for a further 20 years. The Armenian-Iranian Railway is called the South Armenia Railway Project, which is the main missing link in the north-south international transport corridor between the Black Sea and the Persian Gulf. Before the completion of the feasibility study, the South Armenia train is expected to be a 316 km railway linking Gavar 50 km east of Yerevan, near Lake Dewan, to the Iranian border near Meghri.  The multimodal transport agreement signed by the governments of Kazakhstan, Uzbekistan, Turkmenistan, Iran, Pakistan and Omans to create an international transport and transit corridor facilitating the transport of goods between Central Asia and the Persian Gulf is called the Ashgabat Agreement.