With reference to International North-South Transport Corridor, consider the following statements:
1. It connects India Ocean and Persian Gulf to the Caspian Sea.
2. It was initiated by Russia, India and Iran.
3. It is based on an ancient route that connected South Asia with North Europe.
All of the above
International North-South Transport Corridor (INSTC), is a multi-modal transportation established in 12 SEP 2000 in St. Petersburg, by Iran, Russia and India for the purpose of promoting transportation cooperation among the Member States. The INSTC envisages movement of goods from Mumbai (India) to Bandar Abbas (Iran) by sea, from Bandar Abbas to Bandar-e-Anzali (an Iranian port on the Caspian Sea) by road, and then from Bandar-e-Anzali to Astrakhan (a Caspian port in the Russian Federation) by ship across the Caspian Sea, and thereafter from Astrakhan to other regions of the Russian Federation and further into Europe by Russian railways. The INSTC was expanded to include eleven new members, namely: Republic of Azerbaijan, Republic of Armenia, Republic of Kazakhstan, Kyrgyz Republic, Republic of Tajikistan, Republic of Turkey, Republic of Ukraine, Republic of Belarus, Oman, Syria, Bulgaria (Observer). The North-South Transport Corridor is an ancient route that connected South Asia with North Europe for centuries.