NEW DELHI: India plans to explore connectivity corridor between resource rich Arctic Region and International North South Transport Corridor (INSTC), suggested Indian envoy to Russia Bala Venkatesh Verma. “We look forward to cooperating with Russia in the Arctic Council and we are actively discussing potential areas of cooperation including in the sphere of energy security, scientific exploration and research and connectivity. We will explore the possibility of establishing connectivity between the Arctic Region and INSCTC,” Verma said in his address at the IX International Forum ‘Arctic: Today and the Future”. INSTC seeks to connect Mumbai with St Petersburg via Iran that could lead to a new connectivity corridor in Eurasia. Verma said India is currently discussing with Russia cooperation in connectivity via the Northern Sea Route and joint energy projects in Arctic region. The envoy said India is interested in development of infrastructure, shipping route and harnessing of minerals in Arctic region in a sustainable manner. The use of Northern Sea Route by India had figured at the last annual summit on Sep 4 held in Vladivostok. “We look forward to the Russian Presidency of the Arctic Council from 2021-23 and are ready to cooperate for mutual benefit with Russia… Read full this story
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