Tuesday, July 5, 2022

The INSTC (International North-South Transport Corridor).

Today, I'm gonna talk about the International North-South Transport Corridor (INSTC). Its vital stats are :-
Length                7,200 km
Countries            Azerbaijan, Russia, Iran and India
North End           Moscow, Russia
South End           Bombay, India 

The Russian government is promoting the INSTC that would connect St Petersburg, in Russia to the ports in India like Nava Sheva in Bombay and Mundra in Gujarat and this route will reduce the transportation time of goods from 40 days, it takes at present (via Suez Canal), to 25 days.

A trial run on this route is being done at present, when a consignment of wood laminates is expected to land at one of the ports in India within the next few days. This trial had commenced soon after the visit of the Iranian foreign minister to India, last month.

The INSTC will provide routes through ship, rail and road routes interlinking India, Afghanistan, Central Asia, Iran, Azerbaijan and Russia. The route appears like this - a container goes over land from St Petersburg to Astrakhan (southern Russia), then it sails via the Caspian Sea to the Iranian port of Bandar Anzeli from where it's transported over land to the port of Bandar Abbas and finally, takes the sea route to reach Nava Sheva, the largest seaport of India.

The main operators will be Iran and Russia and the Russian President has been promoting this route. He had spoken about this route during the 6th Caspian Summit, held at Ashagabat, and was attended by the leaders of its members viz. Russia, Azerbaijan, Iran, Kazakhstan and Turkmenistan.

Experts say that the INSTC could be a viable alternative to China's Belt and Road Initiative (BRI) as India's geopolitical strategy will be in sync with this corridor. Moreover, India has smooth access to Chabahar and its freight forwarding facilities which is crucial to the corridor's viability.


Tailpiece.

Got up late around a half past 6, the chores and was ready by a 10' past 10. Washing machinex.

It was a quiet beginning to the week. Initiated quite a few actions that need to be done without waste of time.

It was a wet day all the way.

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