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Russia to focus on developing the North-South transport corridor, Putin
Political
16:2321 Feb, 2023

Russia to focus on developing the North-South transport corridor, Putin

It is noted that Russia will particularly focus on developing the North-South transport corridor, which will open up new routes for business cooperation with India, Iran and Pakistan, as well as Middle Eastern countries. "So, already in 2023, ships with a draft of at least 4.5 meters will be able to pass through the Volga-Caspian Canal, and this will open up new routes of cooperation with India, Iran, Pakistan and the countries of the Middle East", Putin stressed.
 
Russia will expand promising international economic connections, as well as build new supply corridors, which will particularly promote Moscow’s economic ties with the markets of Southeastern Asia, Russian President Vladimir Putin said in his State of the Nation Address to the Federal Assembly on Tuesday.
 
"What areas should the state, regions, local business focus their partnership work on? First, we will expand promising international economic connections and build new supply corridors," he said. "A decision has already been taken to extend the Moscow-Kazan highway to Yekaterinburg, Chelyabinsk and Tyumen, and in the future - to Irkutsk and Vladivostok, and potentially - to Kazakhstan, Mongolia and China, which will particularly expand our economic ties with the markets of Southeastern Asia," Putin added.
 
Moreover, Russia will particularly focus on developing the North-South transport corridor, which will open up new routes for business cooperation with India, Iran and Pakistan, as well as Middle Eastern countries, the president said.
 
"We will develop the ports of the Black Sea and the Sea of Azov, we will particularly focus <…> on the North-South international corridor," he said, noting that "this will open up new routes for business cooperation with India, Iran, Pakistan, the Middle Eastern countries." "We will continue developing this corridor," Putin added.
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