Rerouting to Sovereign Rails: The Trans - Caspian Corridor as Central Asia’s declaration for growth
- ipeaesade
- 5 days ago
- 1 min read
By Tibor Harter & Aleksandr Crusellas Grishina
Roughly 80% of global trade volume moves by sea. Does this mean only coastal states wield power and attract FDI into trade infrastructure? The Trans-Caspian International Transport Route (TITR) proves the opposite. Russia’s invasion of Ukraine in 2022 reshuffled how business between Europe and Asia is conducted. A strong impact was felt in energy prices. Trade of goods via the Northern Shipping Route had not been established yet; however, one could assume Beijing would’ve been glad for an alternative to the war-ridden Arabian Sea to exist. As important as economics and finances might be, the nature of a corridor boils down to the transport of goods. At the end of the day, it is the base point for the corridor’s political significance.
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