India and Russia launch Chennai-Vladivostok maritime corridor to boost trade links
Key commodities, including crude oil, liquefied natural gas, fertilisers, machine parts, and textiles, have already started flowing through the corridor
India and Russia have officially operationalised the Chennai-Vladivostok Maritime Corridor (CVMC), a pivotal sea route designed to strengthen bilateral trade and connectivity.
Indian Minister of Ports, Shipping, and Waterways, Sarbananda Sonowal, announced the development, marking a milestone in the nations' collaborative efforts to diversify trade routes and enhance logistical efficiency.
The corridor, first conceptualised in September 2019 following an agreement between Indian Prime Minister Narendra Modi and Russian President Vladimir Putin, spans approximately 10,300 kilometres. This route links Chennai with Vladivostok while connecting major Indian ports such as Paradip and Visakhapatnam.
By reducing transit times by 40 per cent, the corridor promises to revolutionise trade logistics for both nations, as reported by Trinity Mirror, a partner of TV BRICS.
Key commodities, including crude oil, liquefied natural gas, fertilisers, machine parts, and textiles, have already started flowing through the corridor. This operationalisation aligns with India’s Act East Policy.
Experts believe that as the corridor gains momentum, its impact on India-Russia trade relations and regional logistics will be closely monitored, highlighting its strategic role in fostering economic integration and resilience in global supply chains.
Photo: iStock
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