Could the 'Middle Corridor' offer a secure trade route that bypasses the Red Sea?
The so-called "Middle Corridor", a trade route that would link Chinese and European markets through Central Asia and the Caucasus, was the focus of the 5th Balkans and Black Sea Forum held on Thursday 15th of February. Delegates at the conference promoted the Middle Corridor as an opportunity for a stable trade route amid escalating tensions in the Middle East and the war between Russia and Ukraine. Global trade across traditional routes has been disrupted by these crises. “All crises, each in its own way, affect global trade routes. At the end it comes down to increased costs: increased costs...