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Amid curbs, India-Russia trade via INSTC booms

Both India and Russia have pitched for optimum use of the INSTC to increase bilateral trade, as well as trade between India and Eurasia.

Photo by Joey Kyber / Unsplash

The International North-South Transport Corridor (INSTC) has been facilitating a higher volume of trade between India and Russia via Iran over the last three months, amid the West’s sanctions on Moscow following the Ukraine war.

Iran Shipping Lines have transported some 3,000 tonnes of goods and 114 containers along the INSTC between May and July.

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