India becomes 71st country to ratify UN Intl. Convention on Road Transports

June 20, 2017:     India has become the 71st country to ratify the United Nations International Convention on Road Transports, TIR.
The Convention is a multilateral treaty to boost International Transport of Goods.
The TIR convention is expected to boost trade and regional integration across South Asia and beyond, that will fast-track the region’s potential to become a strategic trade hub.

TIR is managed and developed by IRU — the world road transport organisation.
IRU Secretary General Umberto de Pretto welcoming India said, this is an important step in harmonising standards and boosting transport, trade and development across South Asia.
IRU said in a statement said, the accession to the TIR Convention is part of India’s multi-modal transport strategy that aims to integrate the economy with global and regional production networks through better connectivity.

TIR will help India to integrate with Myanmar and Thailand as well as Bangladesh, Bhutan and Nepal.
It will also enable India to move cargo along the International North-South Transport Corridor via Chabahar port in Iran, to access land-locked Afghanistan and the energy-rich Eurasian region.
The United Nations has said the TIR Convention will come into force in India in six months and IRU will begin work with Indian partners on training, development and outreach efforts to facilitate prompt implementation.
China was the last TIR contracting party who acceded to the Convention on sixth July 2016.     (AIR NEWS)