Money matters: Discussing the economics of the INSTC
India, Iran and Russia have decided to begin using the part-ready International North-South Transport Corridor (INSTC), a multimodal network of sea, rail and road routes between India, Iran, Central Asia and Russia. As the broader politics in the region undergo new configurations that may put to question the project’s prospects, and the evolving security situation demands continuous appraisal, it is time to refocus discussion on the economics o