The International North-South Corridor key to Indias trade
The Dollar Business Bureau As highlighted in the Foreign Trade Policy of India, 2015-20, The International North-South Transport Corridor (INSTC) - a multi-modal trade transport network that includes rail, road, and water transport from Mumbai in India via Bandar Abbas in Iran to Moscow in Russia can be a game-changer for India in promoting its trade and investment links with Central Asia. A current-affairs magazine on the Asia-Pacific region reported that the network could be used to explore further options for developing connectivity with other countries such as Turkey and in Eastern Europe. It could facilitate India’s economic integration with Eurasian economies and other countries in surrounding regions. The INSTC has particular economic and strategic relevance to India given the ...
