Port News & Information Mediterranean, Black & Caspian Seas

For Putin, the North-South Corridor is like the Suez Canal

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Moscow, Russia (PortSEurope) March 20, 2023 – Pummeled by western sanctions, Russian President Vladimir Putin compared the International North-South Transport Corridor (INSTC) with the Suez Canal, the Bosphorus Strait and the Dardanelles during a meeting of the Russian Union of Industrialists and Entrepreneurs. The INSTC is critical to Moscow’s plans to redirect its cargo export and import…

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