Belarus expresses interest in participating in Northern Shipping project
Ambassador of Belarus to Russia Dmitry Krutoy expressed his country’s interest in participating in the Northern Shipping project on the frozen waters of Russia between the Atlantic and Pacific oceans.
The Need for New Routes
The Belarusian diplomat said in an interview with the Novosti agency today, on Monday: “We need the Northern Navigation Corridor and new routes in which Russia participates. The goal is to transport 140 million tons of cargo along the route. Of course, we want to participate in this project, because it halves the time it takes to deliver our cargo to the Far East and China.”
Impact of Western Sanctions
Regarding the impact of Western sanctions on Belarusian exports, the diplomat said that Belarusian exports of potash fertilizers and oil products will recover this year after the European market was closed to these products.
The Northern Navigation Corridor
The Northern Navigation Corridor runs through the Arctic and connects the Atlantic and Pacific Oceans via the Arctic Ocean. Russia is working with great interest on the development of the maritime corridor.
Moscow plans to use this corridor to export oil and gas to foreign markets, especially since most of it is practically ice-free. It is expected that in the future the Northern Navigation Corridor will become the main trade route for the delivery of goods between Europe and Asia.
Source
Source: News
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