International North–South Transport Corridor: Investments and Soft Infrastructure

Reports and Working Papers 22/2. Almaty, Moscow: Eurasian Development Bank

82 Pages Posted: 9 Nov 2022 Last revised: 14 Feb 2023

See all articles by Evgeny Vinokurov

Evgeny Vinokurov

Eurasian Development Bank

Arman Ahunbaev

Eurasian Development Bank (EDB)

Nursultan Usmanov

Eurasian Development Bank

Alexander Zaboev

Eurasian Development Bank (EDB)

Date Written: October 26, 2022

Abstract

The International North–South Transport Corridor (INSTC) is the key element of the Eurasian Transport Network. It is linked to most latitudinal Eurasian transport corridors. The INSTC is now becoming more relevant due to new logistics; however, various infrastructural and non-physical (tariff and non-tariff) barriers hinder its development. Certain routes of the corridor need investment to fill in missing links (unfinished Rasht–Astara section) and eliminate infrastructure bottlenecks. The report contains a database listing infrastructure development investment projects for the three INSTC routes which are either ongoing or in the pipeline in the seven countries of the region. The authors review administrative and other non-physical barriers and discuss potential elimination measures, including coordination of tariff policies, consistent border crossing procedures, transition to digital procedures and shipping documents, and creation of a corridor management mechanism.

Keywords: INSTC, international transport corridors, transport infrastructure, Eurasian Transport Network, international trade, EAEU, Caspian region, Central Asia

JEL Classification: F15, F17, L92, O19, R11, R41

Suggested Citation

Vinokurov, Evgeny and Ahunbaev, Arman and Usmanov, Nursultan and Zaboev, Alexander, International North–South Transport Corridor: Investments and Soft Infrastructure (October 26, 2022). Reports and Working Papers 22/2. Almaty, Moscow: Eurasian Development Bank , Available at SSRN: https://ssrn.com/abstract=4260798

Evgeny Vinokurov (Contact Author)

Eurasian Development Bank ( email )

1st Zachatyevskiy Lane 3b1
Moscow, 191123
Russia

HOME PAGE: http://www.vinokurov.info

Arman Ahunbaev

Eurasian Development Bank (EDB) ( email )

1 Zachatievskiy pereulok
house 3, block 1
Moscow, 119034
Russia

Nursultan Usmanov

Eurasian Development Bank

Alexander Zaboev

Eurasian Development Bank (EDB) ( email )

1 Zachatievskiy pereulok house 3, block 1
Moscow, 119034
Russia

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