Russia will adopt this year a new strategy for the development of the Russian Arctic, Russian President Vladimir Putin said.

 

俄罗斯总统普京表示，今年在北极地区的发展问题上俄罗斯将采取新战略。

 

"This year we are going to draft and adopt a new strategy for the development of the Russian Arctic up to 2035. It is to combine measures stipulated¹ in our national projects and state programs, the investment plans of infrastructure² companies and programs for developing Arctic regions and cities," Putin said at the 5th International Arctic Forum³.

 

He underlined that the government will pay special attention to the development of the transport and other infrastructure, which paves the way for future investments and business initiatives.

 

In particular, Putin noted⁴ that Russia will keep developing the global transport corridor, including the Northern Sea Route, a shipping⁵ route running along the Russian Arctic coast.

 

According to Putin's address to the Russian Federal Assembly, Russia is expected to significantly increase the volume of freight traffic along the Northern Sea Route to 80 million tons a year by 2025.

 

Foreign investors⁶ are welcome to join in the exploration of the shipping route, Putin said.

 

"We invite our foreign partners to work together on the creation of hub ports at the end points of the route. I am referring to the Murmansk transport hub and port infrastructure in Petropavlovsk-Kamchatsky," he said.

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