Russia’s shipments via Arctic to hit record high ...News

Economy by : (Russia Today) -
The Northern Sea Route is already a superior alternative to other major global trade waterways, Russian Deputy Prime Minister Yuri Trutnev says Russia is actively expanding trade via the Northern Sea Route (NSR), with shipments set to reach an all-time high in 2023, Deputy Prime Minister and Presidential Envoy to the Far East, Yuri Trutnev, announced on Friday. Speaking at a meeting of the Russia-China intergovernmental commission in Beijing, he said that the freight turnover via the country’s Arctic waterway is expected to surge past 36 million tons by the end of the year, marking a ninefold increase since 2015.

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