India Considers Northern Sea Route Potential

... consolidated joint interest from BRICS in the Arctic or the NSR. On the other hand, as observed earlier, a UAE company has indicated commercial interest in the NSR. However, they may be interested in specific scientific research activities proposed by Russia to develop expertise. Regardless, I do not rule out investment by the New Development Bank in Arctic projects of the AZRF in the future. In my opinion, the most promising project for investment by BRICS countries, including India, is the Eastern Transport and Logistics hub in Vladivostok, which is now scheduled to be completed by 2027-2028. This will include a transshipment terminal for cargo, from ice class to non-ice class vessels. Already, the UAE’s DP World has signed ...