INSTC: India-Russia’s Trade to Get a Major Boost

Singh, Suresh Prasad; Sharma, Manila

doi:10.2139/ssrn.3428184

Cited by 9 publications

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“…Apart from reducing the time and costs, the INSTC helps both India and Russia boost their bilateral trade, which is to reach $30 billion over the next ten years from $7 billion in 2016 (Singh and Sharma, 2017). In total, 69% of the railway infrastructure has been completed, with two of the three sextions of the Chabahar-Zahedan line launched recently.…”

Section: India and Central Asiamentioning

confidence: 99%

Mapping India’s (Re)Сonnection to Eurasia

Mukhia,

Zou

2022

RGA

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Why does India have a vested interest in Eurasia? How feasibile is non-Western Eurasia's future? In this paper, the term 'Eurasia' refers to non-Western Eurasia, that is, excludes the EU. Indian policymakers and scholars believe that the Eurasian region's strategic location, culture and civilization offer great opportunities for the development of energy resources, trade, and other fields. However, the enormous Eurasian landmass, covering China in the east to Europe in the west, and the Arctic in the north to India in the south, embraces various powerful countries that are facing serious security and strategic challenges. The strategic importance of China's Belt and Road Initiative (BRI) intended to build a link to Eurasia pushes India to get more involved in the Eurasian region. This articles aims to explore India, China RUSSIA IN GLOBAL AFFAIRS

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Section: India and Central Asiamentioning

confidence: 99%

Mapping India’s (Re)Сonnection to Eurasia

Mukhia,

Zou

2022

RGA

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“…In April 2018, the three countries resumed talks on rejuvenating the INSTC, indicating greater compatibility among them on regional connectivity. Also, economically, it could bring India and Russia closer together as the corridor could connect India with Russia within 16-21 days (Singh & Singh, 2017) at reasonable freight rates considerably promoting bilateral trade, which has for long been a weak link in Indo-Russia relations. This could well be the next big idea to revive and reinvent India-Russia relations at a time of much uncertainty around the globe caused by President Trump's unpredictable foreign policy.…”

Section: The Instcmentioning

confidence: 99%

A Tale of Many Roads: India’s Approach to Connectivity Projects in Eurasia

Purushothaman¹,

Unnikrishnan²

2019

India Quarterly

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The Eurasian supercontinent has again assumed importance in world politics in the context of the declining power of the USA, the rise of India and China and Russia’s return to global geopolitics. At the same time, ‘connectivity’ has become the catchphrase in the supercontinent, thanks to China’s aggressive pushing of its Belt Road Initiative (BRI). This article examines India’s approaches to connectivity projects in Eurasia, including those in its immediate neighbourhood. It argues that India’s approach to connectivity-related cooperation ideas in the region like the BRI is not uniform despite the economic advantages some of these projects offer. India appears to view such projects to a significant extent through the prism of geostrategic and security interests. Finally, it examines the implications of India’s approach to connectivity for India as well as the broader region.

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“…As early as 2000, Russia, Iran, and India jointly proposed the International North-South Transport Corridor (INSTC). In recent years, India has pushed for this corridor to compete with the Belt and Road Initiative [20]. However, due to prevailing unwillingness to cooperate and differences in investment methods, progress in the North-South Transport Corridor has been slow, and the corridor is still operating at low efficiency.…”

Section: Introductionmentioning

confidence: 99%

A Tripartite Evolutionary Game Analysis of the Co-Construction of an International Transport Corridor

Lei

2021

Discrete Dynamics in Nature and Society

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The construction and development of international transport corridors have become a means of cross-border space governance and promote the flexibility of international industrial chains and supply chains. Due to the uncertainty of cooperation, the development of international transport corridors entails a long-term and complex system of engineering. This paper evaluates a tripartite evolutionary game model on the cooperative construction of international transport corridors (including origin, transit, and destination countries) and analyzes the cooperation mechanism and influencing factors. The cooperative construction of international transport corridors is complex. Factors such as willingness to cooperate, transfer payments, sunk costs, and reputation have a positive impact on the cooperative construction of international transport corridors, but excessive transfer payments hinder cooperation. To promote the construction of international transport corridors, all parties need to have a strong willingness to cooperate; otherwise, the cooperation agreement has a greater probability of becoming invalid. International transport corridors with good development prospects and benefits would accelerate construction progress with the active efforts of participating countries.

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INSTC: India-Russia’s Trade to Get a Major Boost

Cited by 9 publications

References 0 publications

Mapping India’s (Re)Сonnection to Eurasia

Mapping India’s (Re)Сonnection to Eurasia

A Tale of Many Roads: India’s Approach to Connectivity Projects in Eurasia

A Tripartite Evolutionary Game Analysis of the Co-Construction of an International Transport Corridor

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