India-Iran-Russia North-South Trade Corridor An Alternative To Suez Canal

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.