Russia's Lukoil says it plans to sell international assets due to Western sanctions
Russia’s second-largest oil company, Lukoil LKOH.MM, announced on Monday that it plans to sell its international assets following U.S. sanctions imp...
As India advances its own initiative to link South Asia with Europe, the competition for future trade routes is intensifying. But will India’s corridor become a real rival—or just another headline?
This AnewZ documentary explores the critical innovations and breakthroughs needed to turn blueprints into reality: from digitalized logistics and green infrastructure to new geopolitical alignments.
The question is not only who builds the routes of tomorrow—but whose route the world will choose to follow.
From Silk Road to strategic hub
The Middle Corridor—also known as the Trans-Caspian International Transport Route—traces its roots back to the ancient Silk Road. Today, it connects China to Europe through Central Asia, the Caspian Sea, Azerbaijan, Georgia, and Türkiye. Unlike other trade arteries, it bypasses both Russia and Iran, giving it renewed strategic weight in the current geopolitical climate.
Numbers that matter
The World Bank forecasts that trade between China and the European Union will rise by 30% by 2030, with westbound flows accounting for 62% of the total. Azerbaijan, Georgia, and Kazakhstan are expected to see their trade with the EU grow by nearly a third, driven by exports and improved connectivity.
The corridor already offers a 12-day journey over 7,000 kilometres, with current capacity at around six million tonnes a year. With upgrades, that could almost double by 2030.
Beyond transit: energy and integration
The Middle Corridor is not just about moving containers. It is becoming a platform for energy security and political cooperation. Projects such as the Zangezur Corridor promise to expand east-west links further, turning the region into a hub for both goods and energy.
For countries like Azerbaijan, investments in ports, railways, and border points are transforming geography into opportunity. As President Ilham Aliyev has stressed, Azerbaijan’s role is not just as a crossing point, but as a central player in Eurasia’s economic integration.
Rivals and realities
India’s push to establish its own corridor to Europe highlights the race for influence over global supply chains. Yet building such routes is about more than maps—it requires political trust, financing, and harmonized infrastructure. The Middle Corridor has already made progress with joint roadmaps, terminals, and logistics hubs, though challenges remain in customs alignment and digitalisation.
The road ahead
For the Middle Corridor, the stakes are high: it could either remain a niche alternative or evolve into a major artery of Eurasian trade. Its future depends on how effectively regional players coordinate, how much private investment flows in, and whether it can deliver speed, reliability, and cost-efficiency at scale.
The corridors of tomorrow will not be chosen solely by geography—they will be chosen by trust, cooperation, and vision.
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A shooting in Nice, southeastern France, left two people dead and five injured on Friday, authorities said.
Snapchat will start charging users who store more than 5GB of photos and videos in its Memories feature, prompting backlash from long-time users.
Amazon AMZN.O is reportedly preparing to cut up to 30,000 corporate positions starting Tuesday, as part of a major cost-reduction effort aimed at correcting overhiring during the pandemic, according to three people familiar with the matter.
Russia’s second-largest oil company, Lukoil LKOH.MM, announced on Monday that it plans to sell its international assets following U.S. sanctions imposed last week over Moscow’s ongoing conflict in Ukraine.
Venezuelan Vice President and Oil Minister Delcy Rodriguez announced on Monday (October 27) that she will propose suspending a broad energy cooperation agreement with Trinidad and Tobago, including ongoing joint gas projects currently under negotiation.
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The UN has warned of an “ugly” humanitarian situation in El-Fasher, North Darfur, where civilians fleeing violence are at risk of starvation and ransom demands, officials said Monday.
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