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Iran Air Cargo & Passenger Transits Up 128% On 2021

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Iranian INSTC trade routes between Europe and Asia are flourishing but when will the EU be pressured into conducting its trade purely with North America? The Ukraine conflict has resulted in unexpected increases in trade flows east, with one of the beneficiaries being Iran. This is because the International North-South Transportation Corridor (INSTC), originally intended […]

Turkmenistan And United Arab Emirates Discuss Upgrading Bilateral Ties

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Turkmenistan is continuing its regional integration objectives following decades of relative isolation as it continues to reach out to regional countries in efforts to maximise its potential as a regional trade transit hub and energy supplier. The latest bilateral talks have been with the United Arab Emirates (UAE), the collection of smaller Gulf States that […]

European-Asian Geopolitics – The Implications Of Shifting Supply Chains In Wake Of The Russia-Ukraine Conflict. Part Two: The Caucasus & Iran

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By Chris Devonshire-Ellis European Union supply chain routes through to South and Southeast Asia via the International North-South Transportation Corridor. Is Iran stable enough?  The Russia-Ukraine conflict is imposing significant changes on global geopolitics and is re-arranging the Eurasian political and supply chain map with considerable impact. In this article I examine the key areas […]

Iran, Turkmenistan Plan Increasing Trade, Investment And Cooperation Ties

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Bilateral Trade Grew By 84% in 2021 Iran’s President Ebrahim Raisi discussed developing trade ties with his Turkmen counterpart Serdar Berdimuhamedow on Tuesday (May 3) and that he was sure that the process of expansion of ties between the two countries would be accelerated in Berdimuhamedow’s term of office.

Turkey’s Gemlik Port Transshipments Shoot Up March & April

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Gemlik Free Trade Zone facilities will be of interest to adding value to Asian-EU markets More evidence of adaption to the northern rail routes from Russia being sanctioned with the subsequent drop in transshipments between Asia and the EU can be seen in the performance of Turkey’s Gemlik Port on the Marmara Sea, which has […]

INSTC Expected To Help Iran Double Its Eurasian Exports, With Implications Also For European Trade

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New routes also open up the EU to the Caucasus and Turkey, the Middle East, East Africa, Central Asia, India, Pakistan and South-East Asia.  Alireza Peyman Pak, Chair of Iran’s Trade Promotion Organization, has stated that Iran is planning to double its exports to Eurasian counties, with the International North-South Transportation Corridor (INSTC) enabling Iran to have access […]

Iran’s Rasht-Caspian INSTC Railway Makes Progress

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Construction work has been completed on the first 11 km of the 35 km stretch of the Rasht-Caspian railway line in Iran’s northern Gilan Province, according to Abbas Khatibi, the Deputy Director of the Construction and Development of Transportation Infrastructures Company (CDTIC).

Iran’s Ministry Of Urban Development: Asian Countries Are Talking With Us About Developing New Supply Chains To Europe

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The INSTC is developing into a massive regional supply chain network Amin Taraffo, the Director-General of Commercialization and Associations Affairs Bureau at Iran’s Ministry of Road and Urban Development has stated that transit through Iran’s transportation corridors is increasing following the conflict between Russia and Ukraine.

Moscow Outbound Private Investment Moves To Dubai

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Decisions may still be made in Moscow, but Dubai is becoming the Asia investment back office by Chris Devonshire-Ellis Sanctions imposed on Russian banks and the use of the Ruble have prompted, if not a mass exodus, then certainly a noticable trend of oligarchs, upper and middle class Russians relocating to Dubai. The reasons are […]

New Border Crossing To Open Between Iran And Turkey

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Opens up Iranian access to Turkey’s Black Sea  Iran and Turkey are set to have another border crossing, between Iran’s Razi town in its West Azerbaijan Province (north-western Iran) and Turkey’s Kapikoy town on the Turkish side. The border crossing should be functional by the end of May this year.

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