The INSTC, transregional connectivity and geopolitics

The INSTC, transregional connectivity and geopolitics

The multi-modal International North-South Transport Corridor (INSTC) has the potential to boost Eurasian trade connectivity by linking Russia to the warm waters of the Persian Gulf and Indian Ocean. Only 160 km of track remains to be laid in Iran’s northwest for Mumbai to be connected to the Baltic Sea. However, geopolitical barriers and the fragile political commitment of member states risk putting the network into a state of arrested development and have raised questions about the project’s economic viability. Meanwhile, Russia is strengthening its access to diversified regional transit corridors in West Asia.