About:

• President Recep Tayyib Erdogan wants to dig up a new route through Istanbul connecting the Black Sea and the Sea of Marmara.
  
  
• The planned canal will run parallel to the Bosphorus Strait, a natural waterway that separates Europe and Asia, which for centuries has served as a key outlet for Russian ships entering the Mediterranean Sea.
  
  
• Since 1936, passage through the Strait has been governed by the Montreux Convention, a multilateral treaty that allows ships to go across almost free of cost during peacetime, and which tightly restricts the movement of naval vessels.
  
  
• Turkish leaders say that the new canal, which will run on the European side of Bosphorus, will be safer and faster to navigate compared to the Bosphorus, making it a more attractive option for commercial ships, who will pay to pass through.
  
  
• Analysts also believe that Erdogan would use the canal to circumvent Montreux Convention, by marketing the mega project to NATO allies as a legally kosher way of sending their warships into the Black Sea to counter Russia, their major geopolitical rival, all while attracting Chinese investment.