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Russia is considering the Northern Sea Route as an alternative to the Black Sea for grain exports, but Agriculture Minister Oksana Lut admitted that such a route is not economically justified today. The mere existence of the North Sea Corridor does not make the transport of agricultural produce profitable. The search for other directions is related to restrictions in the Black Sea region, against the background of which Russian grain shipments to Egypt have decreased. Moscow is looking at another option - transportation through the Baltic Sea. But here it is not enough to simply send cargo from another Russian port: Egyptian partners will also have to rebuild the supply logistics. The choice depends on the cost of transportation. The Northern Sea route has not yet been tested by the economy, and the Baltic option involves changes in transportation on the part of the buyer. Russia is looking for ways to circumvent the limitations of traditional logistics, but the alternatives discussed have not yet become a full-fledged replacement for the Black Sea route. Ξeconomics.

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Экономикон · · Source

🇪🇬 Egypt · Map

Russia is considering the Northern Sea Route as an alternative to the Black Sea for grain exports, but Agriculture Minister Oksana Lut admitted that such a route is not economically justified today. The mere existence of the North Sea Corridor does not make the transport of agricultural produce profitable. The search for other directions is related to restrictions in the Black Sea region, against the background of which Russian grain shipments to Egypt have decreased. Moscow is looking at another option - transportation through the Baltic Sea. But here it is not enough to simply send cargo from another Russian port: Egyptian partners will also have to rebuild the supply logistics. The choice depends on the cost of transportation. The Northern Sea route has not yet been tested by the economy, and the Baltic option involves changes in transportation on the part of the buyer. Russia is looking for ways to circumvent the limitations of traditional logistics, but the alternatives discussed have not yet become a full-fledged replacement for the Black Sea route. Ξeconomics.

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