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The International North–South Transport Corridor (INSTC) is a 7,200-km (4500 mile) long [1] multi-mode network of ship, rail, and road route for moving freight between India, Iran, Azerbaijan, Russia, Central Asia and Europe. The route primarily involves moving freight from India, Iran, Azerbaijan and the Russian Federation via ship, rail and ...
Chennai–Vladivostok Maritime Corridor is a proposed sea route covering approximately 5,600 nautical miles, or about 10,300 km, aimed at increasing bilateral trade between India and Russia. In September 2019 in Vladivostok, Prime Minister Narendra Modi signed a Memorandum of Intent for the route. [1] [2]
The route allowed traders along the route to establish a direct prosperous trade with Byzantium, and prompted some of them to settle in the territories of present-day Belarus, Russia and Ukraine. The route began in Scandinavian trading centres such as Birka, Hedeby, and Gotland, crossed the Baltic Sea entered the Gulf of Finland, followed the ...
The Astara–Rasht–Qazvin railway is a transport corridor that connects existing railways of Russia, Azerbaijan and Iran. The project is carried out within the framework of the International North–South Transport Corridor. The purpose of the project is to integrate the transport and information routes of Russia, Azerbaijan, Iran and India.
NEW DELHI/MOSCOW (Reuters) -Russia's state oil firm Rosneft has agreed to supply nearly 500,000 barrels per day (bpd) of crude to Indian private refiner Reliance in the biggest ever energy deal ...
In addition, to the IRIGC there are other bodies that conduct economic relations between the two countries. These include, the Indo-Russian Forum on Trade and Investment, the India-Russia Business Council, the India-Russia Trade, Investment and Technology Promotion Council and the India-Russia Chamber of Commerce. [3]
Trade between Russia and China ballooned to a record $240 billion in 2023. Maintaining the flow of income and goods, which is crucial to the Kremlin, depends on ensuring smooth payments.
Trade development also will figure strongly in the talks, particularly intentions to develop a maritime corridor between India’s major port of Chennai and Vladivostok, the gateway to Russia’s ...