Reshetnikov urged to solve logistics issues for Russia’s “pivot” to Asia

According to the head of the Ministry of Economic Development, the current supply chains with Asian countries are more suitable for trade in raw materials, and for the development of mutual trade, Russia needs to “solve issues with logistics”

For a successful turn of Russian foreign economic activity to Asia Russia needs to solve logistics issues in a new way. About this “RIA Novosti” said Minister of Economic Development Maxim Reshetnikov.

“If we are talking about the development of trade [with Asia], then we will also have to solve logistics issues. The logistics chains that exist now are suitable for trade, relatively speaking, in grain, trade in petroleum products. And as for, for example, the supply of fertilizers, here the logistics are already more complicated— where to carry, how to ship»,— the minister explained.

According to him, it is problematic to transport such cargoes through the north-west of Russia, therefore, at present, the authorities are developing the corridor north— south using the infrastructure of the southern neighbors. “There are also opportunities to use the Eurasian infrastructure, the potential of our neighbors as transit countries,” he added.

In addition, Reshetnikov announced an increase in the capacity of Russia's Far Eastern ports. “We are evaluating how ready our ports are to export all this— These are the questions we are currently working on. We need new opportunities there, including an increase in container handling,— he said.

Since the end of February, many Western companies have announced the suspension of activities in Russia, as well as the suspension of supplies. Such a decision was made, for example, by the world's largest container operator Maersk and the American logistics company UPS. Sea lines MSC, Hapag-Lloyd and Yang Ming have also suspended vessel bookings (bookings) in the direction of Russia. In addition, several dozen countries closed the skies for Russian airlines, which forced them to stop flying to the EU countries, the USA, Canada, etc.

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In turn, the head of the Ministry of Industry and Trade Denis Manturov at the end of March estimated the time needed to rebuild logistics in the country at “three, maximum six months.” According to him, distribution channels during this time will be reoriented to those countries that are ready to buy Russian products and supply their own to Russia.

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