Russia is making big plans to turn its Far East region into a major hub for global trade, and India has a chance to get involved early. At a recent economic event in Vladivostok, Valery Limarenko, the governor of Russia’s Sakhalin region, urged India to seize this golden opportunity. Limarenko said this new project could change the way trade works between Europe and Asia, especially along Russia’s northern coastline.
The Sakhalin Port Project: A Game Changer for Trade
One of the most exciting parts of this plan is the upcoming deep-sea port in Sakhalin. The port, located on the southern coast of Sakhalin Island, is set to become a crucial link in the Northern Sea Route (NSR). This shipping route cuts across the Arctic Ocean, making it the shortest path between Europe and the Asia-Pacific region.
Limarenko explained that modernizing the Port of Korsakov in Sakhalin will lead to major changes in global shipping, especially for countries like India and China. The upgraded po...
Full Access
Included:
-
Access to All Articles.
-
One Plan. No Tiers.
-
No Ads.
-
Cancel anytime.
