iv
4.7.3. Economic factors ...................................................................................................................................155
4.7.4. Trade Facilitation ..................................................................................................................................156
4.7.5. Social factors............................................................................................................................................163
4.7.6. Safety, security and the legal liability...........................................................................................163
4.7.7. Technical and Operational Factors................................................................................................164
4.7.8. Environmental and Energy Factors...............................................................................................166
4.7.9. Corridor Performance Monitoring.................................................................................................166
4.7.10. Conclusion ................................................................................................................................................166
4.7.11. Recommendation ..................................................................................................................................166
4.8. Mashreq North-South Corridor..................................................................................................................167
4.8.1. General factors........................................................................................................................................167
4.8.2. Political and Institutional Factors..................................................................................................168
4.8.3. Economic factors ...................................................................................................................................170
4.8.4. Trade Facilitation ..................................................................................................................................170
4.8.5. Social factors............................................................................................................................................174
4.8.6. Safety, security and the legal liability...........................................................................................174
4.8.7. Technical and Operational Factors................................................................................................175
4.8.8. Environmental and Energy Factors...............................................................................................176
4.8.9. Corridor Performance Monitoring.................................................................................................176
4.8.10. Conclusion ................................................................................................................................................177
4.8.11. Recommendation ..................................................................................................................................177
4.9. Multi Criteria Analysis ...................................................................................................................................178
5. Conclusions and Recommendations.......................................................................................................................181
5.1. Conclusions on OIC Transnational Transport Corridors ................................................................181
5.2. Recommendation .............................................................................................................................................184
Appendix 1: Non Physical Barriers to Trade .............................................................................................................184
Appendix 2: Transport Corridors and Routes in OIC Region .............................................................................188
Appendix 3: Trade agreements in CAREC 3 ...............................................................................................................189
Appendix 4: Investment Projects in CAREC Corridor 3 ........................................................................................190
List of References...................................................................................................................................................................191