Russia will upgrade its coastal and port infrastructure in the North – Dmitry Medvedev

Russia will upgrade its coastal and port infrastructure and develop modern systems of monitoring, navigation and communications. According to the press center of RF Government, this was announced by Russian Prime Minister Dmitry Medvedev at the Meeting of heads of government of the Barents Euro-Arctic Council countries.

“Easier transportation access to the Arctic territories creates favourable conditions for implementing large-scale investment projects, including those on raw materials, hydrocarbons and the continental shelf,” Medvedev said.

He also emphasized the significance of the commercial development of the Northern Sea Route.