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Tag Archives: Persian Gulf-Black Sea corridor

Persian Gulf-Black Sea corridor: A new era for Iran-Europe trade or just another risk?

In 2016, Iran proposed a regional initiative to develop the Persian Gulf-Black Sea International Transport and Transit Corridor (ITC), which would include Armenia, Azerbaijan, Georgia, Bulgaria, and Greece. This multi-modal corridor will begin in Iran at Bandar Abbas, head north through the country, and continue into Armenia or Azerbaijan, connecting four key …

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