Q. India is one of the founding members of the International North-South Transport Corridor (INSTC), a multimodal transportation corridor, which will connect
Answer: A
Notes:
Exp) Option a is the correct answer.
The International North-South Transport Corridor (INSTC) is a 7,200-kilometer-long multimodal transportation network (including ship, rail, and road routes) that connects India, Iran, Russia, Central Asia, and Europe. It was initiated by India, Iran, and Russia in 2000 and aims to improve trade connectivity by reducing the time and cost of transport.
- The corridor starts in India, passes through Iran, and proceeds to Russia and Europe via Azerbaijan and Central Asia.
- It offers a shorter and more economical alternative to the traditional sea route via the Suez Canal.
- Russia, India and Iran signed preliminary agreements to develop the INSTC in 2002. Three years later, Azerbaijan signed up for the project. This agreement was eventually ratified by 13 countries — India, Russia, Iran, Azerbaijan, Belarus, Bulgaria, Armenia, Kazakhstan, Kyrgyzstan, Oman, Tajikistan, Turkey and Ukraine.
Discover more from Free UPSC IAS Preparation Syllabus and Materials For Aspirants
Subscribe to get the latest posts sent to your email.