Port News & Information Mediterranean, Black & Caspian Seas

Russia dreams of a North-South corridor as a competitor to the Suez Canal

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Baku, Azerbaijan (PortSEurope) November 1, 2022 – The International North-South International Transport Corridor (INSTC) can in the future become a real competitor to the Suez Canal, Russian First Deputy Prime Minister Andrey Belousov said during the 15th Verona Eurasian Economic Forum in Baku. Showing Russia’s urgent need to replace the North-West cargo route with a…

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