The
first freight train to resurrect the ancient Silk Road route arrived in Iran
from China on Monday.
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Image Credit: IranView.org |
It
took just 14 days for the 32-container train loaded with Chinese goods to
complete the 5,900 mile (9,500km) journey from
China’s eastern Zhejiang province through Kazakhstan and Turkmenistan.
ü It’s
30 days shorter than the sea voyage from Shanghai to the Iranian port of Bandar
Abbas.
Trade
relation between Iran and China
ü China
is Iran’s biggest trading partner, accounting for most of Tehran's oil exports.
Trade between the two countries stood at around $52 billion in 2014.
New Silk Road
ü In
2014, Beijing announced an ambitious foreign policy initiative known as ‘One Belt One Road’. The project also known as
the New Silk Road includes plans to
build roads, ports, railway systems and other infrastructure from China to the
Middle East, as well as Central, South and Southeast Asia.
ü The
Silk Road (or Silk Route) is an ancient trans-Asian trade route connecting
China to Europe and the Mediterranean Sea. The route was named after the
lucrative Chinese silk trade.
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