Alexey Chekunkov, Russian Minister for the Development of the Far East and the Arctic, announced an increase in the volume of yearly cargo transportation along the Northern Sea Route (NSR) in the next decade.
According to him, new projects on the NSR will provide a multiplied increase in cargo traffic of over 200 million tons per year.
"The Arctic is a storehouse of natural resources for the world, and the shortest sea route from Europe to Asia," Chekunkov said, speaking at the government meeting in the Federation Council of Russia.
Alex Shishlo for Rough&Polished
