During the weekend when Iran signed a 25 years infrastructure and investment agreement with China, Iran's ambassador declared that the new North-South Trade Corridor across the region could become a prime 'alternative' to the strategic Suez Canal waterway. Suez Canal was recently in news as one of the biggest cargo ships 'Ever Given' had got stuck and blocked the canal.
Called the "International North-South Transport Corridor (INSTC)" — a two decades in the making ambitious project — the...
