Russia and Middle East Need International North-South Transport Corridor
Although the agreement to establish the multimodal International North–South Transport Corridor (INSTC) was signed 20 years ago, the corridor is still not operational. However, there are now a number of factors that will support the INSTC’s successful operation. These include the EAEU’s increased engagement with India, Iran, and other South Asian and Gulf countries; the substantial potential for linking the INSTC with latitudinal transport routes; accelerated digitalisation processes, and a dramatic strengthening of the climate agenda. In this context, the study estimates the INSTC’s cargo potential to be between 14.6 and 24.7 million tonnes by 2030.