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The Eurasian Development Bank has presented the new study, which formulates the idea of a Eurasian transport framework and assesses the potential of the International North—South Transport Corridor (INSTC) against the backdrop of new opportunities.
Many shipping companies have pulled their vessels from the Suez Canal route as Houthi rebels in Yemen continue to fire at cargo ships. Some exporters are now using the overland rail route between China and Europe, with enquiries doubling since the Red Sea attacks began.