Changes in the Principles of International Economic Relations as a Factor in Development of the International North–South Transport Corridor

The context of ongoing changes in the directions of cargo flows passing through the territory of the Russian Federation, as well as a rethinking of the basic principles of world trade regulation generates an additional interest in the study of the impact of these processes on the dynamics of implementation of projects for development of the International North-South Transport Corridor. The paper refers to the analysis of the main reasons and trends in changing the principles of international economic relations highlighting the development prospects and growing demand for the North-South ITC, the importance of creating effective mechanisms for advanced attraction of investment resources to provide new projects for development of the corridor with sources of financing. Approaches are proposed for appropriate adaptation of the process of preparing investment projects aimed at developing the infrastructure of the North-South ITC. The study notes the importance of conducting further research aimed at increasing the economic efficiency of design, construction and operation of this corridor.