Russia will pay particular attention to development of the North-South transport corridor and plans by 2025 to double and by 2030 to triple export volumes along this route, President Vladimir Putin said at the St. Petersburg International Economic Forum (SPIEF).
"We will pay special attention to the North-South corridor. We plan to double by 2025 and triple by 2030 the volume of export transportation along this route," said the head of state.
He reminded that in May Russia and Iran signed an agreement on construction of the missing railway section on the territory of the Islamic republic. "We are also carrying out dredging work on the Volga-Baltic Canal. It will be able to receive vessels with the 4.5 meter draft as early as this year. As for the eastern direction, its export cargo flow is to increase by a third by 2025, and by 2030 - to add another 100 million tons to the level of 2022," said the president.
GSV "Russia - Islamic World"
Photo: official website of the President of the Russian Federation
Based on materials from TASS