A New Transport Corridor Linking Russia and Venezuela

According to the head of the Russian-Venezuelan Chamber of Commerce Roman Frolenko, he plans to open a direct transport corridor between Russia and Venezuela soon, which will contribute to the development of trade between the two countries.

“We want the corridor to work soon,” the official said in an interview with the Novosti agency, which was published today, Friday. “On March 15 (2023), we held a video conference with the Federal Village Councils of Latin America. They are not bureaucrats and want work and cooperate,” Rosselkhozbank joined this project.

The head of the Venezuelan-Russian Chamber of Commerce indicated that options for routes from three Russian ports have been identified: Sevastopol, St. Petersburg and Novorossiysk.

Frolenko said: “The shipping way is very good. If from Sevastopol, then the journey takes 21 days, and if from St. Petersburg, then about 19 days. This path is very suitable for all kinds of goods.” He added that the end point of the route will be the Venezuelan port of Puerto Cabello.

He also pointed out that the Russian-Venezuelan Chamber of Commerce plans to create its own shipping company to solve logistical problems, and this could start in early summer.

Source: News

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