Russia eyes new Arctic route for trade with China


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    Russia eyes new Arctic route for trade with China

    By Sergei Blagov on March 1, 2016 in Asia Times News & Features, China

    MOSCOW: The Arctic’s fast disappearing ice due to global warming may soon make it possible for cargo ships sailing from Far East to Europe to take the shortest route through the Northern Sea Route (NSR) during summer.

    China knew the significance of this and even sent a ship sailing on a historic journey along the route.

    Now the Russian authorities want China to develop the maritime trade in the East Arctic even as Moscow’s earlier plans to create new Eurasian transit corridors remain stalled.

    Russia’s deputy Prime Minister Dmitry Rogozin indicated plans to invite China to take part in joint development of NSR which is running along the Arctic coast within Russia’s Exclusive Economic Zone.

    http://atimes.com/2016/03/russia-eyes-new-arctic-route-for-trade-with-china-2/


 

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