🛣 Although the agreement to establish the multimodal International North–South Transport Corridor (INSTC) was signed 20 years ago, the corridor is still not operational.
However, there are now a number of factors that will support the INSTC’s successful operation. These include:
▪️The EAEU’s increased engagement with India, Iran, and other South Asian and Gulf countries
▪️The substantial potential for linking the INSTC with latitudinal transport routes
▪️Accelerated digitalisation processes, and a dramatic strengthening of the climate agenda.
The main advantage of the North-South international transport corridor over other routes is a significant reduction in the time spent on transportation.
Its launch would contribute to the formation of a macro-regional transport and logistics system - the Eurasian transport framework, which will serve as the basis for the development of trade and investment partnerships within Eurasia, says Evgeny Vinokurov, speaking at the fourth session of the 11th Valdai Club Middle East Conference – 2022. We publish the main theses of his speech.
🔗 Russia and Middle East Need International North-South Transport Corridor
#MIDDLE_EAST2022 #MiddleEast #Eurasia #Transport
@valdai_club — The Valdai Discussion Club
However, there are now a number of factors that will support the INSTC’s successful operation. These include:
▪️The EAEU’s increased engagement with India, Iran, and other South Asian and Gulf countries
▪️The substantial potential for linking the INSTC with latitudinal transport routes
▪️Accelerated digitalisation processes, and a dramatic strengthening of the climate agenda.
The main advantage of the North-South international transport corridor over other routes is a significant reduction in the time spent on transportation.
Its launch would contribute to the formation of a macro-regional transport and logistics system - the Eurasian transport framework, which will serve as the basis for the development of trade and investment partnerships within Eurasia, says Evgeny Vinokurov, speaking at the fourth session of the 11th Valdai Club Middle East Conference – 2022. We publish the main theses of his speech.
🔗 Russia and Middle East Need International North-South Transport Corridor
#MIDDLE_EAST2022 #MiddleEast #Eurasia #Transport
@valdai_club — The Valdai Discussion Club
Valdai Club
Russia and Middle East Need International North-South Transport Corridor
Although the agreement to establish the multimodal International North–South Transport Corridor (INSTC) was signed 20 years ago, the corridor is still not operational. However, there are now a number of factors that will support the INSTC’s successful operation.…
🛤 Central Asia is a region with a large transit potential in the global transport system, but the lack of access to the sea and problems in the interaction between the countries of the region hinder the effective use of these opportunities.
In anticipation of the Third Central Asian Conference of the Valdai Discussion Club we re-post our infographic on transport corridors of Central Asia. The full infographic is available on the website.
📌 Programme of the Third Central Asian Conference
#CentralAsianValdai #valdai_infoghraphics #transport
@valdai_club
In anticipation of the Third Central Asian Conference of the Valdai Discussion Club we re-post our infographic on transport corridors of Central Asia. The full infographic is available on the website.
📌 Programme of the Third Central Asian Conference
#CentralAsianValdai #valdai_infoghraphics #transport
@valdai_club
⚓️ The Middle Corridor, which is also called the Trans-Caspian International Transport Route, is not a new idea.
It is based on an agreement that the national railway companies of Kazakhstan, Azerbaijan, and Georgia signed back in 2013. That said, the Middle Corridor only attracted a significant deal of interest after the start of Russia’s Special Military Operation in Ukraine in February 2022 and the subsequent imposition of ever-broader sanctions against Russia by the EU led European shippers to turn away from the Northern Corridor.
The Middle Corridor, a transport corridor meant to connect China to Europe via Kazakhstan, the Caspian Sea, the South Caucasus, and the Black Sea, has received increasing attention and is often displayed as a main future thoroughfare and replacement for the Northern Corridor between China and Europe, which goes through Russia.
However, while efforts to develop the Middle Corridor are underway, there are also various questions; one uncertainty is to what extent Georgian Black Sea ports will be able to handle the increased cargo in a way that is economically viable.
Any successful development of the Middle Corridor will at best take years and at worst remain uncertain, Franz J. Marty writes.
https://valdaiclub.com/a/highlights/georgian-black-sea-ports-a-stimulus-or-stumbling/
#Multipolarity_and_Connectivity #transport #routs
🗣 🗣 🗣
It is based on an agreement that the national railway companies of Kazakhstan, Azerbaijan, and Georgia signed back in 2013. That said, the Middle Corridor only attracted a significant deal of interest after the start of Russia’s Special Military Operation in Ukraine in February 2022 and the subsequent imposition of ever-broader sanctions against Russia by the EU led European shippers to turn away from the Northern Corridor.
The Middle Corridor, a transport corridor meant to connect China to Europe via Kazakhstan, the Caspian Sea, the South Caucasus, and the Black Sea, has received increasing attention and is often displayed as a main future thoroughfare and replacement for the Northern Corridor between China and Europe, which goes through Russia.
However, while efforts to develop the Middle Corridor are underway, there are also various questions; one uncertainty is to what extent Georgian Black Sea ports will be able to handle the increased cargo in a way that is economically viable.
Any successful development of the Middle Corridor will at best take years and at worst remain uncertain, Franz J. Marty writes.
https://valdaiclub.com/a/highlights/georgian-black-sea-ports-a-stimulus-or-stumbling/
#Multipolarity_and_Connectivity #transport #routs
Please open Telegram to view this post
VIEW IN TELEGRAM
Valdai Club
Georgian Black Sea Ports: A Stimulus or Stumbling Blocks for the Middle Transport Corridor?
The Middle Corridor, a transport corridor meant to connect China to Europe via Kazakhstan, the Caspian Sea, the South Caucasus, and the Black Sea, has received increasing attention and is often displayed as a main future thoroughfare and replacement for the…