Azerbaijan agrees to boost INSTC infra as Putin visits Baku

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3 months ago

Russia and Azerbaijan have agreed to enhance the Azerbaijan route of the International North-South Transport Corridor (INSTC), as announced during President Vladimir Putin's visit to Baku. This development aims to increase trade volume between Russia and India. Azerbaijan is modernizing its railway infrastructure to boost the corridor's capacity, potentially handling up to 30 million tonnes of cargo annually. The INSTC, vital for Indo-Russian trade, includes multiple routes through Iran, Kazakhstan, and Turkmenistan, with ongoing projects like the Rasht-Astara railway set to further enhance its efficiency.

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Economic Times

Topics:

Russia

Azerbaijan

INTSC

Vladimir Putin

Baku

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