04.11.2018 - 19:00 [ Sputnik ]

Russia, India, Iran to Discuss New Transport Route That Could Replace Suez Canal

Earlier, Indian Commerce and Industry Minister Suresh Prabhu called for the International North-South Transport Corridor (INSTC) to be put into operation „as early as possible.“ The INSTC‘s estimated operational capacity is up to 30 million metric tons of goods per year.