A Sanctions-Proof Trade Route.
- Resource Type
- Article
- Authors
- Tirone, Jonathan; Motevalli, Golnar; Dodge, Sam
- Source
- Bloomberg Businessweek; 12/26/2022, Issue 4767, p28-29, 2p, 1 Map
- Subject
- TRADE routes
INFRASTRUCTURE financing
TRANSPORTATION corridors
CARGO handling
- Language
- ISSN
- 00077135
The article reports on the spending of Russia and Iran for the construction of a transcontinental trade route stretching the eastern edge of Europe to the Indian Ocean to speed the delivery of cargoes along rivers and railways linked by the Caspian Sea. It highlights advantages of developing infrastructure along the route including greater trade opportunities, facilitation of the flow of goods and stopping arms shipments. It considers the role of India in the building of the inland corridor.