Question
Regarding the International North-South Transport
Corridor, consider the following statements -: I. It is an extension of China's Belt & Road Initiative. II. It connects China with African countries. III. Iran is part of this project. Which of the statements given above is/are correct?Solution
Statements I and II are not Correct -: International North-South Transport Corridor (INSTC) project was signed between India, Iran, and Russia in 2000 in St Petersburg, and subsequently included 10 other central Asian and west Asian countries, and not an extension of China’s Belt and Road Initiative, and involves moving freight from India, Iran, Azerbaijan, and Russia. It does not connect China & Africa. Statement III is correct -: It includes Iran’s Chabahar port. Â
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