This is a game changer. It’s called the “International North-South Transport Corridor” with key partners India, Iran and Russia. It bypasses the Suez Canel route and is 40% cheaper, and 5 times faster in transporting goods.
The route starts in India, goes via Iran, the Caspian Sea to St Petersburg and beyond, bringing in partner countries Azerbaijan, Armenia, Kazakhstan, Kyrgyzstan, Turkey, Tajikistan, Belarus, Ukraine, Oman, Syria and Bulgaria (observer country).
It’s an Indian-Iranian-Russian led initiative that facilitates multipolarity in the Eura-Asian region. Note that the system brings rivals Russia and Ukraine into a common economic connectivity.
The US is deeply concerned by this development which threatens their hegemony and geopolitical interests. The US has made several attempts to force India to abandon the initiative, but they have refused.
****** ******