Russia and Iran are reportedly finalising an agreement for the Rasht-Astara railway. The line in northern Iran is a crucial missing piece for the western branch of the International North-South Transport Corridor (INSTC). According to the agreement, Russia will bear the brunt of the costs. A meeting between the Iranian ambassador in Russia and a…
Category: INSTC
Russia hoping to use INSTC to evade sanctions, says think tank
According to the US-based think tank The Jamestown Foundation, Russia hopes to use the International North-South Transport Corridor (INSTC) as a way to evade Western sanctions. The development of the corridor allows Russia to gain more open access to non-Western markets. Those could provide Russia with much-needed goods for its war economy. The INSTC is […]
Rail freight volumes between Iran and Azerbaijan grow by 28%
Rail freight volumes between Iran and Azerbaijan have grown by 28 per cent over an 11-month period. Between March 2023 and February 2024, approximately 645,000 tonnes of goods were transported via rail between the two countries. The director of Iran’s North Railway Administration stated that rail freight volumes between Iran and Azerbaijan grew by 28 […]
Russia, Kazakhstan and Turkmenistan create INSTC joint venture
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 […]
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 […]