PROSPECTS FOR THE NORTHERN SEA ROUTE DEVELOPMENT IN CONTEXT OF FOREIGN TRADE CONDITIONS
DOI:
https://doi.org/10.18623/rvd.v23.5149Keywords:
Northern Sea Route, Shipping, Foreign Trade, International Cooperation of Russia and ChinaAbstract
The paper considers peculiarities of the Northern Sea Route use of in context of international economic cooperation between the Russian Federation and other countries. The analysis of key economic indicators of the Northern Sea Route as a significant sea route in frames of foreign trade is conducted. Prospects of maritime cooperation between Russia and China for the coming years are considered. Basic problems of the Northern Sea Route exploitation accounting natural, technical, infrastructural and economic barriers, are investigated. In conclusion, the paper identifies main vectors of the Northern Sea Route development, which include the need to increase number of nuclear icebreakers, large-scale modernization of Arctic ports, improvement of supply infrastructure for seaports, development of favorable maritime transport logistics within the framework of international cooperation, as well as correction of price policies and conditions, to rise attractiveness to carriers and customers.
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