International North–South Transport Corridor

Common card · No. 282809

The International North–South Transport Corridor (INSTC) is a 7,200-km (4,500 mile) long multi-mode network of ship, rail, and road routes for moving freight between Azerbaijan, Central Asia, Europe, India, Iran, and Russia. The route primarily involves moving freight from India, Iran, Azerbaijan, and the Russian Federation via ship, rail, and road. The objective of the corridor is to increase trade connectivity between major cities such as Mumbai, Moscow, Tehran, Baku, Bandar Abbas, Astrakhan, Bandar Anzali, etc. Dry runs of two routes were conducted in 2014. The first was Mumbai to Baku via Bandar Abbas, and the second was Mumbai to Astrakhan via Bandar Abbas, Tehran, and Bandar Anzali. The objective of the study was to identify and address key bottlenecks. The results showed that transport costs were reduced by "$2,500 per 15 tons of cargo". Other routes under consideration include via Kazakhstan and Turkmenistan. This will also synchronize with the Ashgabat Agreement, a Multimodal transport...

Read on Wikipedia · Image Zbk1, Public domain