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International relations

Russia and Iran eye trade route with India to bypass sanctions

Project, two decades in the making, would bypass Europe as tensions mount

Russian President Vladimir Putin, left, and Iranian President Ebrahim Raisi discussed the proposed trade corridor in July 2022.   © Reuters

DUBAI -- 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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