Business & Economy

India, China, South Korea Consider Northern Sea Route for Routine Trade

© SovcomflotSovcomflot LNG ship Christophe de Margerie and Russian icebreaker 50 Let Pobedy traverse the Northern Sea Route in February 2021, the first commercial cargo vessel to do so
Sovcomflot LNG ship Christophe de Margerie and Russian icebreaker 50 Let Pobedy traverse the Northern Sea Route in February 2021, the first commercial cargo vessel to do so - Sputnik India, 1920, 11.11.2026
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South Korea, India and China plan to use the Northern Sea Route as a regular shipping corridor, Russian Far East and Arctic Development Minister Alexei Chekunkov said.
"China, India, and South Korea plan to use the Northern Sea Route as a regular trade route," Chekunkov said at a meeting of the Russian parliamentary committee on the development of the Far East and the Arctic.
The minister noted that the route is gradually becoming part of the international transport system, contributing to other nations' economic growth. He noted the interest shown by countries in Asia and the Middle East in boosting commercial shipping along the Northern Sea Route.
"China, in particular, joined by Korea, Japan, and even nations further south, such as India and countries in the Middle East, are all interested in increasing shipping traffic along the Northern Sea Route," the minister said.
The ultimate goal is to achieve year-round navigation, which would be impossible without Russia's port infrastructure, icebreakers, emergency and rescue services, and satellite navigation, Chekunkov added.
Fiftieth Anniversary of Victory nuclear powered icebreaker escorting the Baltica tanker of Sovcomflot along the Northern Sea Route from Murmansk to China's Ningbo harbor. - Sputnik India, 1920, 11.11.2026
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