Russia to Boost Northern Sea Route Cargo Traffic, Says Putin

Russian President Vladimir Putin announced plans to increase cargo traffic on the Northern Sea Route during the Eastern Economic Forum. He also invited other nations to join in the development of the Murmansk transport hub.

Russian President Vladimir Putin has unveiled plans to ramp up cargo traffic along the Northern Sea Route, a significant maritime path crucial for global trade. This announcement was made during his speech at the Eastern Economic Forum.

Putin emphasized the strategic importance of this route, urging other countries to collaborate in enhancing the Murmansk transport hub.

The invitation aims to foster international cooperation and further develop Russia's Arctic infrastructure, pivotal for the nation's economic growth.

(With inputs from agencies.)