Can the International North-South Corridor become a lifeline for Russia?
The International North-South Transport Corridor (INSTC) linking Russia and India has made major strides in recent days. Thanks to Russia’s 4 billion dollars investment in Iranian oil fields, the corridor’s key missing link, the Rasht-Astara railway line in Iran, will receive ample funding to complete construction. This is so because the two parties will need efficient transport infrastructure in place to move oil products.
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