Chennai-Vladivostok sea route: India’s effort in refurbishing economic ties This shipping...

Chennai-Vladivostok sea route: India’s effort in refurbishing economic ties

This shipping link would enable to transfer cargo between Chennai and Vladivostok in 24 days in comparison to over 40 days currently taken
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connectivity initiative

A key maritime route connecting India with Northeast Asia and Western Pacific region  is  to put in place a major connectivity initiative.

This is the direct shipping link between Chennai and Vladivostok amid China’s ambitious Maritime Silk Route (MSR) connecting Asia with Africa.

This shipping link would enable to transfer cargo between Chennai and Vladivostok in 24 days in comparison to over 40 days currently taken to transport goods from India to Far East Russia via Europe, according to experts on the subject.

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A Russia Desk would look into providing complete support service for any kind of Russian investment/ Businessmen/ from legislative to taxation; from personnel to finding right partner, according to informed officials.

The Far Eastern Federal District (twice the size of India) is the largest but the least populated of the eight federal districts of Russia, with a population of roughly 6.3 million.

The region has a wealth of natural resources such as land, timber, mineral and other resources like tin, gold, diamonds and oil and natural gas.

The Russian government has announced several initiatives to attract investments in the region, including an agricultural SEZ, the Vladivostok Free Port Project and also invites participation in the timber industry , mining of the huge mineral resources (coal & diamonds) among others.

With inputs from: Economic Times
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