The International North-South Transport Corridor (INSTC), stretching from the eastern coast of India to Europe via Iran, Russia, and the Caspian region, has been plagued by financial and political difficulties but its economic impact could be transformative if ever fully realized.
Browse our analysis section for news and articles on topics such as China's Belt and Road Initiative (OBOR), the Competing Visions of Japan, India, and other regional powers, and the stakes for U.S. policy.
At risk of granting China valuable concessions to ease their debt burdens, Central Asian countries seek to bolster relations with China and secure a piece of the Belt and Road Initiative, according to the Nikkei Asian Review.
Major infrastructure projects... can still fail economically in terms of opportunity costs either because of excessive costs or insufficient demand but their political importance can be very significant, even momentous.
A new link in the North-South Transport Corridor connecting Russia, Iran, and India could have far-reaching implications for economic patterns between Europe and Asia.
A selection of the top projects we’re watching this year.