Sarbananda Sonowal, the Union Minister for Ports, Shipping and Waterways, spoke at the India-Russia workshop for ‘Operationalisation of the Eastern Maritime Corridor’ in Chennai, emphasizing the endless possibilities of the India-Russia Maritime Partnership. He expressed optimism about the potential for deepening bilateral maritime cooperation, particularly in areas such as maritime skill development, training, shipbuilding, and port-based clean energy investments. Sonowal also highlighted the importance of the Eastern Maritime Corridor (EMC) as an effective alternative for movement of goods, connecting ports on India’s east coast with the ports in Far East Russia.
Sonowal discussed the geopolitical situation in the Red Sea and Suez Canal, emphasizing the need for alternative routes for movement of goods. He emphasized India’s commitment to freedom of navigation and commerce and the measures being taken to ensure maritime security for commercial vessels. The distance savings and reduction in travel time from the Chennai port to Vladivostok port via the EMC were also highlighted, with a significant impact on reducing logistic costs and boosting efficiency in cargo transportation between the two countries.
The workshop and the potential of the corridor were emphasized as key to unlocking new trade opportunities and fostering mutual economic prosperity and resilience. Sonowal also underscored the significance of the time and fuel savings in enhancing the viability of the corridor.
More Stories
India’s Key Maritime Bills to Transform Shipping and Coastal Trade
Germany’s Mosel River Closed for Lock Repairs
RMT Supports Employment Rights Bill Amendments to Protect Seafarers