Home » Putin wants to circumvent sanctions – Iran plays an important role in this

Putin wants to circumvent sanctions – Iran plays an important role in this

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Putin wants to circumvent sanctions – Iran plays an important role in this

They are important partners for each other: Russian President Vladimir Putin and Iranian President Ebrahim Raisi. picture alliance/dpa/TASS | Sergei Bobylev

Western sanctions against Russia’s economy are forcing Putin’s regime to explore new trade routes.

Two routes in particular are intended to ensure the connection between Russia and its important partners China and India in the future, reports the “Bloomberg” news agency.

Accordingly, the country plans to invest almost 23.5 billion euros to reach India by land via Iran and to expand the sea route across the Arctic to China.

Russia is currently planning to invest billions in new trade routes to circumvent Western sanctions and maintain supply chains. In addition to the expansion of the so-called Northern Sea Route (NRS) along the Russian Arctic coast, this also involves a new land route that connects Moscow with the Indian Ocean. As the US news agency “Bloomberg“ reports, Iran has a central role to play here: The planned route runs around the Caspian Sea, passes Iran’s capital Tehran and ends in the Iranian port city of Bandar Abbas on the Persian Gulf.

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Russia’s new routes are ‘safe from sanctions’

In view of the various punitive measures taken by the West in the wake of Russia’s war of aggression against Ukraine, the regime under President Vladimir Putin is exploring these new routes in order to maintain its trade relations with China and India in particular. For example, according to Bloomberg, all shipping traffic between Asia, North America and Europe on the Arctic NSR route has already collapsed due to the sanctions.

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The now planned International North South Transport Corridor (INSTC) could represent a “sanctions-proof” alternative “if other routes are interrupted,” “Bloomberg” quotes Nikita Smagin from the state think tank Russian International Affairs Council. By 2030, 35 million tons of goods are expected to be transported from Russia through the Middle East to the Gulf via the INSTC.

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According to Bloomberg, Russia granted Iran a loan of 1.3 billion euros in May last year to connect the city of Rasht on the Caspian Sea with the Azerbaijani border town of Astara via a 161-kilometer-long train route. A further 24.3 billion euros would now be available to expand the transport infrastructure on the Russian Arctic coast and on the north-south axis towards the Indian Ocean.

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