The sanctions imposed on Russia could change the current trade routes to the advantage of Iran.
Referenced by
The war and sanctions have created blockages in the New Eurasian Land Bridge (NELB), which is vital for China’s Belt and Road Initiative (BRI), forcing China to consider alternative routes through Iran, potentially making Iran a trade hub.
Defense
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The International North-South Transport Corridor (INSTC), stretching from the Persian Gulf to the Baltic Sea, has gained significant momentum. The sanctions have prompted Russia to shift its trade routes southward, accelerating the development of this transport network. Recently, Russia and Iran agreed to complete a crucial railway section of the INSTC, with the project expected to be completed by 2027, mostly financed by Russia.
Defense
Claim