As India’s Ministry of Ports, Shipping and Waterways stated this week, the county is in talks with Russia to open up Chennai-Vladivostok Maritime Corridor.
According to Shri Sonowal, Cabinet Minister of Ports, Shipping and Waterways, the aim of this to further the special relationship between the two countries while unlocking the huge trade potential in blue economy. He believes that this corridor will serve this purpose acting as a conduit of growth and investment cooperation between two cities with rich marine history, Chennai and Vladivostok.
Under the dynamic leadership of Prime Minister Shri Narendra Modi ji, India affirms its commitment to rejuvenate its trade & investment potential to propel the growth of India.
…said Shri Sonowal
As local news report, the Chennai-Vladivostok sea route will allow cargo to be moved between Chennai and Vladivostok in less than 20 days, as opposed to the more than 40 days it currently takes to transport goods from India to Far East Russia via Europe. The minister also inaugurated projects to increase cargo-handling capacity in Chennai and Kamarajar ports.
