Putin emphasizes strategic importance of Arctic corridor for Russia's economic growth

Moscow. Russian President Vladimir Putin has stated that the expansion of the Arctic corridor is crucial for Russia's economic development and the protection of its national sovereignty.

Presiding over a video conference with government members focused on the development of the Arctic region and the Trans-Arctic transport corridor, leader Putin noted that the Arctic region holds unique strategic importance for Russia's national economy, the expansion of industrial potential, and the defense of national security and sovereignty.

He said, “The Trans-Arctic transport corridor, stretching from St. Petersburg to Murmansk and Vladivostok, is emerging as one of the world's safest, most reliable, and successful waterways.”

Leader Putin said, “The importance of the Northern Trans-Arctic route is becoming even clearer against the backdrop of disruptions in global supply chains due to numerous conflicts,” adding, “Russia is strengthening its Arctic logistics network by organizing ports, railways, highways, and airports in maritime and river areas.”

“By maintaining peace and stability in this strategic region, we will ensure its long-term socio-economic development, raise living standards, preserve the unique culture of northern indigenous peoples, and protect the Arctic's fragile natural ecosystem,” the Russian President said.