Yuri Trutnev: The President’s order to form the Trans-Arctic Transport Corridor must be fulfilled

Following the International Arctic Forum, Russian President Vladimir Putin instructed that the provisions of the Fundamentals and Strategy for the Development of the Arctic Zone of the Russian Federation be updated. The draft decree is currently being finalized based on proposals from the Presidential Executive Office. "The Trans-Arctic Transport Corridor and its key component, the Northern Sea Route, are a natural transport artery for the transportation of Arctic raw materials and manufactured goods. The formation and development of the transport corridor is interlinked with the achievement of national interests in the Arctic and includes the development of mineral resource centers, technological and industrial advancement, national security, and ensuring a high quality of life and well-being for the population," noted Alexey Chekunkov, Minister of the Russian Federation for the Development of the Far East and Arctic. "We need to calculate what we can transport, which goods will benefit the country's economy, and assess the return on investment. The work of developing the Trans-Arctic Transport Corridor is extensive, it is significant for our country, and it requires us to go beyond the current framework and look to the future, and we must accomplish it," Yuri Trutnev concluded the meeting.