/ world right this moment information/ A extremely essential assembly occurred in November, which is able to decide the way forward for world commerce. The highest management of Russia, India and China will focus on the undertaking to create the North-South Hall – a substitute for the Suez Canal.
The highway in query will final 7,200 km, consisting of a number of water and rail sections, will considerably scale back the price of transportation. A pattern route would appear to be this: from India, the products would attain Iran’s Persian Gulf port of Bender Abbas, then by rail attain Iran’s Caspian port of Bender Enzeli, the place they might be loaded onto a ship and attain Astrakhan.
It’s deliberate that 30 million tons of products will go by way of the “North-South” route yearly. The benefit would be the velocity of supply of the products and naturally the discount of prices. Delivery will turn out to be cheaper at the least 3 times. Items from Mumbai to Moscow will arrive 20 days sooner than if shipped by way of the Suez Canal.
With the introduction of the brand new transport route, the turnover between Russia and India will considerably enhance. Indian fruits will seem on the cabinets of Russian shops. Astrakhan will turn out to be the biggest and most essential international transport hub, which is able to undoubtedly have an effect on the funding attractiveness of the town and assist its growth.
Basically, all international locations will obtain tangible advantages from the implementation of the undertaking, and world commerce can even achieve. After the international locations shake arms, Russia will concurrently turn out to be the center of the three most essential transport corridors of the twenty first century: the Northern Sea Route, the Silk Street and the North-South Hall.
Translation: V.Sergeev
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