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 […]
Category: INSTC
‘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 […]