International Monetary Fund (IMF)

International Monetary Fund (IMF)

The International Monetary Fund (IMF) is an international organization headquartered in Washington, D.C., of 189 countries working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world. It was formed in 1945 at the Bretton Woods Conference. It came into formal […]

International North-South Transport Corridor (INSTC)

International North-South Transport Corridor (INSTC)

The International North–South Transport Corridor (INSTC or NSTC) is a 7,200-km-long multi-mode network of ship, rail, and road route for moving freight between India, Iran, Afghanistan, Armenia, Azerbaijan, Russia, Central Asia and Europe. The route primarily involves moving freight from India, Iran, Azerbaijan and Russia via ship, rail and road. The objective of the corridor […]

Chabahar Port

Chabahar Port

Chabahar Port is a seaport in Chabahar located in southeastern Iran, on the Gulf of Oman. It serves as Iran’s only oceanic port. India-Iran-Afghanistan MoU and plans have committed at least $21bn to Chabahar-Hajigak corridor This includes $85m for Chabahar port development by India, $150m line of credit by India to Iran, $8bn India-Iran MoU […]

Regional Comprehensive Economic Partnership (RCEP)

Regional Comprehensive Economic Partnership (RCEP)

Regional Comprehensive Economic Partnership (RCEP) is a proposed free trade agreement (FTA) between the ten member states of the Association of Southeast Asian Nations (ASEAN) (Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, Vietnam) and the six states with which ASEAN has existing free trade agreements (Australia, China, India, Japan, South Korea and […]