Russia and Iran eye trade route with India to bypass sanctions

January 13, 2023 at 4:47 PM

AI — Russia and Iran are working on a new shipping corridor that cuts Europe and its sanctions out of the picture, and are looking to partner with India, which has kept its distance from the Western-led isolation campaign against the two countries.

The plan is an answer to the U.S.-led push for “friendshoring,” an effort to relocate supply chains to allies and friendly countries.

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