Does india have an answer to chinas one belt, one road obor project and its contentious component, the chinapakistan economic corridor cpec. International northsouth transport corridor wikipedia. Check out for the latest news on international north south transport corridor along with international north south transport corridor live news at times of india. May 25, 2017 the tir convention facilitates indias efforts in the building of the international northsouth transport corridor instc, which will connect the india ocean and persian gulf to the caspian sea, through iran and then onwards to st. May 31, 2017 obor one belt one road is a initiative by china and instc international north south transport corridor is a initiative by india.
The route primarily involves moving freight from india, iran, azerbaijan and russia via ship, rail and road. A threeday meeting of experts from 16 countries discussed ways to smoothen the way for the international north south transport corridor instc and at least six supplementary routes despite the u. The international northsouth transport corridor instc is a multimode transport of rail, ship and road route for improving trade connectivity between india, iran, central asia, and russia for upsc 2020 preparation, follow byjus. The convention acts as a strong catalyst for moving goods using the multimodal transportation route like chabahar and international north south transport instc corridor. International north south transport corridorimproved trade.
The international northsouth transport corridor is a 7,200kmlong multimode network of ship, rail, and road route for moving freight between india, iran, afghanistan, armenia, azerbaijan, russia, central asia and europe. But thecurrent instc project was initiated by russia, india and iran in september 2000 in st. For enhanced connectivity, the ashgabat agreement will also synchronize with the international northsouth transport corridor encompassing ship, rail including transcaspian railway, and road route for moving freight between india, russia, iran, europe and central asia. Poonam mann transport infrastructure is one of the most. May, 2016 the corridor will harmonize with the ashgabat agreementa multimodal transport agreement signed by india, iran, oman, turkmenistan, kazakhstan and uzbekistan for fabricating an international transport and transit corridor facilitating transportation of goods between central asia and the persian gulfthe primary objective of the northsouth. India and turkmenistan will explore the possibility of expanding the international northsouth transport corridor instc by linking it to the kazakhstanturkmenistaniran. A new railway connecting irans astara with azerbaijan, which opened in late march, is a key link along the international north south transport corridor. The convention offers a great opportunity for the landlocked countries by providing seamless border crossing facilitation and intermodal capabilities. Iranrussia rail corridor direct to europe silk road briefing. Aug 27, 2015 international north south transport corridor instc post navigation. A threeday meeting of experts from 16 countries discussed ways to smoothen the way for the international north south transport corridor instc and. Rzd logistics said that the indian company concor intends to provide its container fleet and equipment for organising and developing transportation on the north south international transport.
International northsouth transport corridor instc clearias. Concor inks pact with russias rzd for single invoice cargo transport. The international north south transport corridor instc, a multimodal network connecting india to central asia through iran, is expected to. India, iran and afghanistan believe that chabahar will become the fulcrum of connectivity for indian goods to reach afghanistan and further north to central asian states, and for the landlocked. The international northsouth transport corridor instc is a 7,200kmlong multimode network of ship, rail, and road route for moving freight between india. The instc is a 7,200 kilometerlong freight route connecting india, iran, azerbaijan and russia via ship, rail and road.
Jul 09, 2016 the international northsouth transport corridor instc is the ship, rail, and road route for moving freight between india, russia, iran, europe and central asia. It will provide india an opportunity for reorientation of the freight traffic from the traditional sea route to land transcontinental routes. International north south transport corridor the diplomat. International north south transport corridor in hindi. Both sides explicitly reaffirmed their commitment to the international north south transport corridor instc in their statement. It is a transit agreement established in year 2011. The international northsouth corridor key to indias trade. Global corridor will cut cargo transit time the hindu. Jan 10, 2018 india and turkmenistan will explore the possibility of expanding the international north south transport corridor instc by linking it to the kazakhstanturkmenistaniran rail link. Follow the latest news stories about international northsouth transport corridor, a 7,200kmlong multimodal network of ship, rail and road routes for moving freight across india, iran.
Inching closer to making the international north south transportation corridor instc a reality connecting india with russia. The north south transport corridor will be a force multiplier in terms of trade between india and russia, by cutting down transit time by 40 percent, according to speakers at an interactive session in new delhi between a visiting russian regional delegation and indian government officials and businessmen. Synchronise indias efforts to implement the international north south transport corridor instc for enhanced connectivity. India and russia will use the international north south transport corridor for movement of goods, reducing transport time by half. But the current instc project was initiated by russia, india and iran in september 2000 in st. The objective of the corridor is to increase trade connectivity between major cities such as mumbai, moscow, tehran, baku, bandar abbas, astrakhan, bandar anzali. Sep 12, 2017 the international northsouth transport corridor is a 7,200kilometer interconnecting network of railways, roads, and shipping lanes designed to facilitate the flow of freight between india, iran, russia, azerbaijan, as well as european and central asian states. India and china jostle for influence in iran and central asia. Apr 08, 2018 the north south international transport corridor combines railways, roads and sea routes. The commencement of operations on the international north south transport corridor project connecting bandar abbas port in iran to st petersburg in european russia is. India, turkmenistan look to expand northsouth transport corridor. Top picks in the hindu today zaira wasim asks fans to stop praising her, says.
Dec 07, 2017 indias own obor international north south transport corridor instc will start in 2018 the digital farmer. The streamlined international system for the movement of goods by road and other modes will, in particular, enhance indias international northsouth transport corridor, a key trade route between central asia and the commonwealth of independent states in the north, and southern ports in india and beyond, such as chabahar in iran. Northsouth international transport corridor youtube. Petersburg, by iran, russia and india for the purpose of promoting transportation cooperation among the member states. North south transport network private limited nstn is an international transportation company that upholds the interest of importers, exporters and freight business operators to ensure their economic benefits by providing them efficient. May 31, 2012 a threeday meeting of experts from 16 countries discussed ways to smoothen the way for the international north south transport corridor instc and at least six supplementary routes despite the u. Together with russia and some other countries, they are signatories to the international northsouth transport corridor instc agreement. Russiaindia corridor international north south corridor duration. Russiaindia corridor international north south corridor study iq education. The fact here is that instc is more feasible in a bid to boost trade between russia, iran, central asia, india and.
The international northsouth transport corridor instc is the ship, rail, and road route for moving freight between india, russia, iran, europe and central asia. International north south transportation corridor for better. Work set to start on northsouth corridor viaduct between. New services on international northsouth transport corridor. The proposed instc trade corridor could help india secure its interests in central asia and beyond. Previous post previous insights daily current events, 27 august 2015.
International northsouth transport corridor instc page 3. Together with russia and some other countries, they are signatories to the international north south transport corridor instc agreement, using iran as the trade route to russia and northern. Northsouth transport corridor nstc reconnecting asia. Indias own obor international north south transport. Jan 26, 2019 international north south transport corridor instc, is multimodal transportation established in 12 sep 2000 in st. Russiaindia corridor international north south corridor. India, iran and russia are the three founding members of the international north south transport corridor agreement, signed in september 2000 in st. The containers will move between the two countries using the international north south transport corridor instc through iran and azerbaijan.
Poonam mann international north south transport corridor. To sum up, the international north south transport corridor is going to leave a deep impact on indias engagement with eurasia and the central asian region both geoeconomically and. The two ministers also discussed the proposed free trade agreement fta encompassing eurasian nations as well as the operationalization of the international north south transport corridor. Discuss the strategic significance of international. The international northsouth transport corridor instc. Filling in the northsouth trade corridors missing links. Concor inks pact with russias rzd for single invoice. International north south transport corridor instc. On a railroad from russia to iran the hindu businessline. Instc would enhance accessibility to the land locked central asian nations. A threeday meeting of experts from 16 countries discussed ways to smoothen the way for the international north south transport corridor. The rail route between the two iranian cities of qazvin and rasht, which is the missing link in the international north south transport corridor, will become operational by the end of the current. Together with russia and some other countries, they are signatories to the international northsouth transport corridor instc agreement, using iran as the trade route to russia and northern. International northsouth transport corridor instc page 2.
Jul 03, 2002 during an april 2002 visit to the astrakhan region on the caspian coast, president putin singled out the economic importance of the north south transport corridor but called for an improvement in. India, turkmenistan look to expand northsouth transport. Soon, goods can be moved between india and russia via iran. Work on the north south corridor nsc viaduct between sungei seletar and admiralty road west is set to begin in the first quarter of 2020 after the final three civil contracts were. What the us iran sanctions mean for india the diplomat. Modi governments emphasis has been on building connectivity, forging. An indiarussia corridor could be new delhis answer to china. However, india is a founding member of the international north south transport corridor instc, a multination project to create transport and logistics infrastructure akin to. The international north south transport corridor instc has particular economic and strategic relevance to india given the increasing regional ambitions of china through its one belt, one road initiative. International north south transport corridor news latest. The total length of the transport corridor is more than 7 thousand kilometers. India cracks open a trade route to europe that bypasses china.
International northsouth transport corridor instc ias. Instc international north south transport corridor express corridor from india to russia may 18, 2017 an stakeholders conference on the subject instcexpress corridor from india to russia was held at foreign service institute on may 18, 2017 at 1100 hours. The international northsouth transport corridor instc, a multimodal network connecting india to central asia through iran, is expected to reduce cargo transit time between some points by as much. The estimated capacity of the corridor is 2030 million tonnes of goods per year. Explore international north south transport corridor profile at times. The international north south transport corridor instc, stretching from the eastern coast of india to europe via iran, russia, and the caspian region, has been plagued by financial and political difficulties but its economic impact could be transformative if ever fully realized. The international northsouth transport corridor instc is a multimodal connectivity project establish transport networks ship, rail, and road route for moving freight between india, russia, iran, europe and central asia.
Indias eurasia policy gets a boost with longawaited. The international northsouth transport corridor is a chance for india to build links with central asia and eurasia. The north south international transport corridor combines railways, roads and sea routes. Nov 30, 2018 together with russia and some other countries, they are signatories to the international north south transport corridor instc agreement, using iran as the trade route to russia and northern.
Indias own obor international north south transport corridor instc will start in 2018 the digital farmer. The international northsouth transport corridor instc is the ship, rail, and road route for moving freight between india, russia, iran, europe and central. Iran azerbaijan astaraastara railway north south international transport. Concor inks pact with russias rzd for single invoice cargo transport the hindu businessline india and russia will use the international north south transport corridor for movement of goods. What are the prospects and bottlenecks for india in achieving the fruits of instc. Pdf international northsouth transport corridor poonam mann. India, russia pin great hope on northsouth transport corridor. We are working together on international north south transport corridor instc and brics, mr. Firstly, the international north south transport corridor or instc is a joint initiative of india, iran and russia, which signed an agreement to this effect in 2000 and ratified it in 2002, with azerbaijan joining the agreement in 2005. Indias eurasia policy gets a boost with longawaited trade. Instc current affairs today current affairs 20172018. Northsouth transport corridor to help india, russia achieve. Jul 12, 2018 international north south transportation corridor for better indorussian connectivity inches towards reality instc is one of corridors that new delhi is working on as part of connectivity initiatives parallel to chinas one belt one road strategy. India and turkmenistan will explore the possibility of expanding the international northsouth transport corridor instc by linking it to the kazakhstanturkmenistaniran rail link.
After 17 long years, since the inception of the international north south transport corridor instc agreement between india, iran, and russia, the first consignment of goods is ready to be. Latest and breaking news on international north south transport corridor. The instc was initiated by russia, india and iran in september 2000 to establish transportation networks among the member states and to enhance connectivity with the land locked region of central asia. The international north south transportation corridor is a step in that direction. Discuss the strategic significance of international north. The agreement now includes more countries, such as azerbaijan, armenia, kazhakstan, kyrgyzstan, tajikistan, turkey, ukraine, belarus, oman and bulgaria. Instc international north south transport corridor. Discuss the strategic significance of international north south transport corridor instc for india. The international northsouth transport corridor instc is a 7,200kmlong multimode network of ship, rail, and road route for moving freight between india, iran, afghanistan, armenia, azerbaijan, russia, central asia and europe. Dec 23, 2017 the objective of the corridor is to increase trade connectivity between major cities such as mumbai, moscow, tehran, baku, bandar abbas, astrakhan, bandar anzali and etc. Northsouth corridor to become operational by march 2018. International northsouth transport corridor instc indian.