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Analysis – Strategic And Overambitious Iranian Move In Russian Caspian, Financed By China, Or Much Ado About Nothing

Analysis – Strategic and overambitious Iranian move in Russian Caspian, financed by China, or much ado about nothing

Analysis – Strategic And Overambitious Iranian Move In Russian Caspian, Financed By China, Or Much Ado About Nothing

Lagan, Russia (PortSEurope) March 23 – A group of Iranian companies, financed by China, wants to invest in the development of the small southern Russian port of Lagan, a few kilometres from the Caspian Sea, Batu Khasikov, governor of Russia’s Kalmykia Republic, said. The Iranians want to invest 100 billion ruble (€1.16 billion) in port facilities capable of handling 22.5…

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