Russia, Kazakhstan and Turkmenistan plan to create a joint venture for the development of the International North-South Transport Corridor (INSTC). The plan aims to improve the delivery of transportation services, shorten cargo delivery times and streamline customs services. The INSTC is a transport corridor that connects Russia and Iran along the western and eastern coasts […]
Category: INSTC
Is INSTC’s Rasht-Astara line on track for another setback?
It is probably the most critical railway section of the International North-South Corridor (INSTC), and its construction has been planned for a few years, with several ups and downs along the way. The Rasht-Astara railway line is supposed to commence construction work in early 2024. Nevertheless, Russia and Iran, which are directly involved in the […]
Russia grants Belarus 40% rail freight discount
Russia is granting Belarus a discount of up to 40 per cent on rail freight transportation, according to the Belarusian ministry of transport. The two allies have agreed on a discount that applies to the International North-South Transport Corridor (INSTC) routes in Russia, as well as routes leading to the port of Saint Petersburg. The […]
EU to invest 10 billion euros in Middle Corridor
The European Union is allocating 10 billion euros for the development of the so-called Middle Corridor. It has identified 33 infrastructure projects to be financed, among which are many rail projects. The EU hopes to create an alternative transport route that circumvents Russian infrastructure. The currently allocated 10 billion euros will be spent on infrastructure […]
‘Forget the IMEC, focus on the INSTC,’ says India
Instability caused by the ongoing war in Gaza and Houthi attacks on ships transiting the Red Sea has put the India-Middle East-Europe Corridor (IMEC) on hold until further notice. India seems to be reassessing its position within international transport routes in this context. Attention is now turned towards an ‘old acquaintance’: the International North-South Transport […]