"The project will facilitate the transportation cooperation with Iran and beyond. Potentially, it becomes possible to facilitate cooperation with India," added Savchenko.
Meanwhile, says the expert, as it is the case with any other major complex project, the implementation of the North-South project will require a lot of time to reconcile different interests, opinions and coordinate efforts.
"The undertaking is potentially very effective," the expert said. "But it is necessary to work out the details, which usually takes a lot of time. It will take more than a year. There will be some progress, but not so fast."
Savchenko also said the removal of international sanctions on Iran may accelerate the project`s implementation, since the ban on the joint work with Iran is lifted and there is growing interest in cooperation with that country.
The North-South transport corridor is intended to connect the northern Europe to the south-eastern Asia. It will serve as a link connecting the railways of Iran, Azerbaijan and Russia.
The corridor is planned to transport 6 million tons of cargo a year in the first phase and 15 to 20 million tons of cargo in the future.
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