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After the start of the Special Military Operation in Ukraine, the logistics market in Russia was subjected to a significant shake-up, as a result of which logisticians have to fight to create new routes, and the government has to create a special staff to revise the transport corridors. New schemes are unstable and require huge investments, but today Russia has no choice.
Transport can provide Central Asia with access to international markets. The new vision on transport in the region implies creation of transit crossroads to form the transport framework of Europe.
Against the background of international turbulence, Iran has seen a sudden rise in its importance as a transit and transport hub connecting China and Central Asia to Europe, and also Russia with India, along the International North—South Transport Corridor (INSTC).
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.
The authors of the study reveal the current state of the container transport market and describe its features in Space 1520, detailing growth opportunities.
The growing benefits of land trade between Asia, Central Asia, Russia and Europe raise questions about the possibilities of developing and strengthening relations between these regions.
