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Improving Transnational Transport Corridors

In the OIC Member Countries: Concepts and Cases

163

Figure 61: Amir Abad Port Special Economic Zone

Source: Ports and Maritime Organization of Iran (2017).

4.7.5.

Social factors

The countries along INSTC are diverse in terms of language, religion, and cultural background.

A common culture that can normally facilitate regional integration is not the case in this

corridor. According to (Moghadasian, 2017), social factors like movement of labors almost do

not play a role in INSTC.

Table 59 i

ndicates the social profile of the corridor countries. Russia has the highest standard

of living followed by Iran, although Iran has a high rate of unemployment. India has the lowest

HDI but also the lowest unemployment rate. The success of the INSTC will have positive

impacts on the economic development of the region, which subsequently will have positive

social effects such as decreasing unemployment rates, improving overall standards of living,

and improving human resources development along the corridor.

Table 59: Social factors of corridor countries in 2015

Source

: World Bank a

nd UNDP.

In sum, in the case of INSTC, it is not the common culture that facilitates regional integration,

trade is.

4.7.6.

Safety, security and the legal liability

(FFFAI, 2014) recorded that the safety and security along the route Bandar Abbas - Baku is

good. Hence escorting is not necessary. This is also not required by the Law.

Country

Population

(Million)

Unemployment

(%)

Poverty Index

(%)

AZER

9.7

5.1

6

IRAN

79.1

11.3

N/A

INDIA

1,311

3.5

N/A

RUS

144.1

5.7

13.3