Business news

6 Dec 2024

Lukashenko shares details of using Northern Sea Route to move Belarusian exports

An archive photo

MINSK, 6 December (BelTA) – Belarus and Russia still have a huge untapped potential in transport and logistics, Belarusian President Aleksandr Lukashenko said at the Union State Supreme State Council session in Minsk on 6 December, BelTA has learned.

Aleksandr Lukashenko stressed that Belarusian export cargoes are now shipped through Russian ports, which has resulted in mutual benefits. On the one hand, this solved Belarus' issue of export logistics. On the other hand, it significantly boosted the profits of Russian companies.

"But we still have a huge untapped potential. The implementation of the Northern Sea Route project is next in line. We have already tried to transport cargoes along this route. It was successful," the president said.

Russian partners are also working on a pilot project to create a high-speed railroad between Moscow and St. Petersburg. "We expect it to be extended along the Moscow-Minsk route. Your statement, Vladimir Vladimirovich [Putin], about the construction of such a high-speed route from Moscow to Brest through Minsk has encouraged the Belarusians, because so many people travel from Minsk to Moscow. Not long ago we were forced to add two more trains," the head of state noted.