Russian Transport Minister Vitaly Savelyev has admitted that the West’s punitive measures have “virtually destroyed” Russia’s trade logistics. Russia would now be forced to consider alternative trade routes, including the north-south corridor that runs from Moscow through Central Asia to India.
Laurence TorckBron: Independent
Monday, May 23, 2022 at 3:49 PM
“The sanctions imposed on the Russian Federation today have destroyed almost all logistics in our country. And we are forced to look for new logistics corridors”, it sounds. Much of Russian trade on the standard route that runs through Europe and along the Suez Canal has been cut off entirely by the trade embargoes of the West. Because of the sanctions, the three largest shipping companies in the world MSC, Maersk and CMA CGM are no longer allowed to trade with Russia at all.
And so Russia has to look for alternatives to alleviate the trade problems. One option is to move the route towards a north-south corridor that runs through India, Iran, Afghanistan and Azerbaijan. Russia would then be able to use the Caspian Seaports. Although Savelyev warned that those ports may not have the same capacity as the standard route and that this is therefore not a perfect solution.
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