The Northern Sea Route – The Key to the Development of the Russian Arctic. Key Quotes

Is Russia’s logistics system ready for more eastbound traffic? Russian industry needs to quickly decide how to compensate for the loss of several major markets for its products. One of the most promising destinations is the Asia — Pacific region, but logistics are a bottleneck for this pivot to the East. There is not enough shipping capacity, and the problem can only be solved with massive investments.

Background material for the event «Russian-Chinese Cooperation in the Field of Sustainable Development of the Arctic Region».

The Roscongress Foundation, together with the NTI Competence Center for Big Data Storage and Analysis Technologies, based at Moscow State University named after M.V. Lomonosov, based on the content of the key discussions of the programs of the largest business events in the country — the St. Petersburg International Economic Forum, the Russian Energy Week and the Eastern Economic Forum, prepared a report «Key Trends in the Economic Development of the Russian Federation — 2022», which formulated 10 main trends in the country’s economic development.

The Research Center ITI has prepared an analytical digest titled «Trade Relations Between Russia and China: Potential for Growth» where it studies the importance of Russia as a trade partner for China in main export categories, trends in China’s demand for imports, and regional and transportation aspects of trade. The study was done as part of ITI’s expert analytics partnership with the Roscongress Foundation.