The newly announced Russia-Iran strategic partnership codifies and expands the longstanding trend of warming bilateral relations, but it’s not quite a game-changer in the security sphere.

Long delayed and ever controversial, the INSTC is a ‘sanctions free’ trade corridor that aims to recalibrate Eurasian trade flows. This backgrounder examines the interests and geopolitics surrounding the project.

Exploring geopolitical and geoeconomic dynamics driving the International North-South Transport Corridor (INSTC).