The Suez crisis showed the dependence of the global trade on reliable sea routes. Although the Northern Sea Route cannot become a comprehensive alternative to the Suez Canal, Russia’s Arctic logistics can nevertheless play a key role in export and short-sea traffic. Its development will be facilitated by infrastructure loans and other state support measures.
2021 April 27
Aiming at the North
The Suez crisis showed the dependence of the global trade on reliable sea routes. Although the Northern Sea Route cannot become a comprehensive alternative to the Suez Canal, Russia’s Arctic logistics can nevertheless play a key role in export and short-sea traffic. Its development will be facilitated by infrastructure loans and other state support measures.