Sunday, May 22, 2022

Sanctions have ‘almost broken all logistics’ in Russia, says minister

 The Kremlin is forced to consider other trade routes for moving freight

Russian Transport Minister Vitaly Savelyev. Photo: Ore Huiying/Bloomberg

Russian Transport Minister Vitaly Savelyev. Photo: Ore Huiying/Bloomberg

Worldwide sanctions in response to Vladimir Putin’s invasion of Ukraine have caused serious logistical problems in Russia, transport minister Vitaly Savelyev has said.

Russia’s supply chains are at risk of collapse, the former Aeroflot CEO has suggested, as a result of harsh economic sanctions imposed by many countries in the West.

He had told reporters on his visit to the Astrakhan region of southern Russia: “The sanctions imposed on the Russian Federation today have almost broken all logistics in our country. And we are forced to look for new logistics corridors.”

The Kremlin hopes that a North-South transport corridor – passing through the Caspian Sea ports of Astrakhan on the Volga, Olya on the Volga-Caspian Canal, and Makhachkala in the Caspian Sea – will help alleviate the problems, he said.

The corridor is a transit route for moving freight between India, Iran, Afghanistan, Azerbaijan, Russia, Central Asia and Europe – via ship, rail and road.

https://www.independent.co.uk/news/world/europe/russia-ukraine-putin-war-nuclear-weapons-latest-b2084544.html

Russian Transport Minister: Western sanctions have led to serious problems with logistics in Russia

 

This item is part of our running news digest

May 22, 2022 5:13 am by The Kyiv Independent news desk

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Russia’s Transport Minister Vitaly Savelyev told journalists on May 21 that Western sanctions have forced Russia “to look for new logistics corridors,” Russian independent media Meduza reported. Russia will now rely more heavily on the North-South transport corridor to move freight, Savelyev said.

https://kyivindependent.com/uncategorized/russian-transport-minister-western-sanctions-have-led-to-serious-problems-with-logistics-in-russia/

Russian Transport Min Asserts Western Embargoes ‘practically Broken’ Logistics In Russia

https://www.republicworld.com/world-news/russia-ukraine-crisis/russian-transport-min-asserts-western-embargoes-practically-broke-logistics-in-russia-articleshow.html




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