India And Russia Seal Arctic Shipping Pact To Boost Trade And Diversify Routes

India and Russia are finalising a landmark memorandum of understanding to expand maritime cargo transportation along the Arctic’s Northern Sea Route, with ROSATOM authorised to sign on behalf of the Russian government.The pact aims to handle around five million tonnes of cargo, cut transit times by up to 40 per cent compared to the Suez Canal, and diversify India’s global trade corridors.The
India and Russia are finalising a landmark memorandum of understanding to expand maritime cargo transportation along the Arctic’s Northern Sea Route, with ROSATOM authorised to sign on behalf of the Russian government.The pact aims to handle around five million tonnes of cargo, cut transit times by up to 40 per cent compared to the Suez Canal, and diversify India’s global trade corridors.The
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