Courtesy: The Week
In 2022, increased sanctions were imposed on Russia by the U.S., E.U., and their allies. The track record of Western sanctions shows they are quick to be imposed, but slow to be removed. In the current environment, it is reasonable to assume that sanctions on Russia will stay in place for a very long time. India should plan its defence and commercial relations accordingly.
Courtesy: LUKOIL
U.S. sanctions against Russia have made Moscow speed up work on the International North-South Transport Corridor (INSTC) as it is now Russia's gateway to India and India's to Russia and Central Asia via Iran's Chabahar port. The author, who recently visited the Astrakhan and Volgograd regions, a major INSTC logistics node, writes about the Indian connection, and the corridor's progress and challenges.