The International North South Transport Corridor (INSTC)
✓The 7,200 km International North South Transport Corridor (INSTC) is a multimodal transport network linking Indian Ocean and Persian Gulf to the Caspian Sea via Iran, and onward to northern Europe via St. Petersburg, Russia.
UPSC DAILY CURRENT AFFAIRS QUIZ: 6 SEPTEMBER 2022
✓The INSTC is a joint initiative launched by India, Iran, and Russia in September, 2000 to facilitate shipments and logistics.
✓This corridor connects India Ocean and Persian Gulf to the Caspian Sea via Iran, further connected to St. Petersburg and North European via Russian Federation. From St Petersburg, North Europe is within easy reach via the Russian Federation.
✓The INSTC was expanded to include 10 new members, namely: Republic of Azerbaijan, Republic of Armenia, Republic of Kazakhstan, Kyrgyz Republic, Republic of Tajikistan, Republic of Turkey, Republic of Ukraine, Republic of Belarus, Oman, Syria. Bulgaria joined the initiative as an observer as.
