In late November, the World Bank published an economic analysis on the potential of the Middle Corridor to develop over the next decade. The report estimates that by 2030, travel times between the western border of China and Europe will halve, and freight volumes will triple to 11 million tons. This comes on the heels … Read more
Advertisement Last month, a fairly convincing argument could be made that India was trying to fundamentally reorient its foreign policy in the Middle East. The regional infrastructure initiative New Delhi had promoted along with its partners in Moscow and Tehran for two decades, the International North-South Transportation Corridor (INSTC), appears to have been jeopardized by … Read more
Advertisement When it comes to Armenia and its ethnic exclave of Nagorno-Karabakh, India has staked out a fairly defined position over the last few years, from arms sales to transcontinental rail lines to condemnations of Azerbaijan’s aggression in the region. Certainly, this was not without reason. For one, Azerbaijan’s long-time association with Pakistan had turned … Read more
Advertisement Much has been written about the potential of the International North South Transport Corridor (INSTC) as a geopolitical game changer and, at least among some Indian commentators, a better and fairer alternative to the China-led Belt and Road Initiative (BRI). INSTC would run from Russia through the Caspian Sea, with a stop in Azerbaijan, … Read more