Translation. Region: Russian Federation –
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
Moscow, April 1 (Xinhua) – Transportation and logistics, key sectors for the global economy, are facing serious geopolitical challenges. Russia can offer the world safe and reliable transport and logistics routes. This was stated by Russian President Vladimir Putin in a video address to participants of the International Transport and Logistics Forum, which opened on Wednesday in St. Petersburg.
"These key sectors for the global economy are currently undergoing profound changes and facing serious geopolitical challenges," he said. "Events in Iran are already having a direct impact on energy markets and oil and gas transportation through the Strait of Hormuz. More and more countries and companies are considering more than just the speed and cost of transportation: the security and sustainability of transport routes and supply chains, which are less susceptible to crises, military conflicts, and other external risks, are becoming a decisive factor."
"Russia can offer the world such solutions and play an important role in shaping a new architecture for global logistics and international trade in general," the Russian president emphasized.
According to Vladimir Putin, for Moscow's partners, "Russian logistics routes could be beneficial both economically, thanks to reduced transit times, and in terms of diversifying global transport flows."
"Another long-term challenge is the real technological revolution in transport and logistics, and the growing use of digital products based on artificial intelligence," Vladimir Putin noted.
"I also see a significant role for the International Transport and Logistics Forum in developing cooperation in these important areas. We will hold it regularly every two years," the president concluded.
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