Russia opens up Tiksi Port on the North Sea Route to International TrafficShare This News Story:MOSCOW : Russia has recently opened its strategic port, Tiksi, to foreign cargo ships, intending to boost trade with partners in Asia and Africa. This port opening not only aims to enhance Russian trade but also serves to bypass Western economic sanctions and support the growth of the North Sea Route. Situated halfway between Europe and Asia, Tiksi becomes an ideal stopover along the North Sea Route (NSR), facilitating the reloading of raw materials and welcoming cruise ships. The opening of the new port is anticipated to create new transshipment facilities, generate employment opportunities, and foster the growth of the port itself and the North Sea Route. Given the mounting sanctions pressure, Russia’s North Sea Route has become crucial.

Source: The North Africa Journal June 12, 2023 02:58 UTC