24 Days Faster: New Vladivostok-Chennai maritime transport corridor will reduce delivery time of goods between India and Russia

24 Days Faster: New Vladivostok-Chennai maritime transport corridor will reduce delivery time of goods between India and Russia by 40% This route will contribute to the development of the Far East by increasing cargo transportation volumes and attracting additional investment in the region’s infrastructure. Discussions on the prospects for the development of the maritime corridor will continue within the Russia–India business dialogue at the Eastern Economic Forum 2024. For India, the new corridor will become an important link within the Indo-Pacific Initiative aimed at strengthening the country’s economic ties with ASEAN states. Furthermore, in July, during the visit of Indian Prime Minister Narendra Modi to Moscow, the Program was signed of Russian–Indian cooperation in trade, economic and investment spheres in the Russian Far East for 2024–2029, and on the principles of cooperation in the Arctic zone of the Russian Federation. It aims to: increase the number of joint investmen... Source: Roscongress Direct