The North-South transportation corridor will be beneficial for all sides involved, James Dorsey, senior fellow at the S. Rajaratnam School of International Studies at Singapore’s Nanyang Technological University believes.

“Both Azerbaijan and Iran want to ensure that they are at the crossroads of Eurasian connectivity while Russia wants to assert its regional role rather than be reduced to an adjunct of China’s ambitious One Belt, One Road initiative,” Dorsey told Trend.