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Development of North — South ITC faces some fundamental challenges: a limited cargo base, fragmented essence of the route at the current stage, various interests of states. However the prospects for future development are attractive
New informal trading blocs are likely to emerge in South Asia, centred on India or a major ASEAN country such as Indonesia. Russia’s preferred strategy will be to refrain from joining any single «constellation,» maintaining equidistance from the EU, China, and the new Asian hubs