Russia’s Arctic sea route draws growing global investor interest, Foreign Ministry says

Foreign investors

Foreign investors and entrepreneurs show growing interest in the development of the Northern Sea Route (NSR), Russian Ambassador at Large for the Arctic Cooperation at the Ministry of Foreign Affairs Nikolay Korchunov told TASS.

According to him, international businesses “have high practical demand for Arctic projects, whose long-term strategy stipulates the year-round use of NSR as a main transport artery to deliver products manufactured or extracted in the Arctic zone to the international market.” He added:“We see greater interest of cruise operators in NSR.”

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