Referenced by
Russian exports to Iran increased by 27% last year, and Russian imports from Iran rose by 10%.
Defense
Claim
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
Claim
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