The Russian authorities named the basis of the country’s economic sovereignty

International exhibition forum "Transport of Russia".  Moscow, Mikhail Mishustin

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New economy of Russia

The development of the transport system will become the basis of Russia’s economic sovereignty. Prime Minister Mikhail Mishustin identified a number of key tasks that will help create our own logistics and independent transport corridors, thereby stimulating other areas, experts explained to URA.RU the meaning of Mishustin’s speech at the Transport of Russia forum on November 15 in the capital’s Gostiny Dvor. According to analysts, modernization will take from three to seven years.

The international forum and exhibition “Transport of Russia” is being held for the 17th time this year. The organizers focused on the development of international transport corridors and the formation of sustainable development chains. Arriving at Gostiny Dvor, the first thing Mishustin did was inspect the exhibition of the latest equipment and technologies and presented state awards to transport workers.

International exhibition forum "Transport of Russia".  Moscow
The development of transport infrastructure leads to active economic growth in all areas

Speaking at the plenary session of the forum, Mikhail Mishustin spoke about the importance of transport infrastructure and its development. “This leads to active economic growth in all directions,” Mishustin said.

He voiced six key tasks that need to be solved in the near future:

  • Increasing the carrying capacity of the main logistics corridors;
  • Strengthening the connectivity of territories;
  • Increasing accessibility of transportation;
  • Achieving full technological sovereignty;
  • Transport integration of new regions of the country;
  • Training of qualified personnel.
International exhibition forum "Transport of Russia".  Moscow
Mishustin outlined 6 key tasks that need to be solved in the transport sector

On the instructions of the president, the capacity of transport corridors will be increased in the eastern, Azov-Black Sea and Caspian directions, which lead to the Persian Gulf, the prime minister said. “This is necessary to strengthen trade ties with partners in the Eurasian Economic Union, the CIS, as well as with the countries of the Middle East, Africa, and Asia,” Mishustin said. He also recalled the importance of the development of the Baikal-Amur and Trans-Siberian Railways and the creation of the infrastructure of the Northern Sea Route.

Mishustin noted that the regions need to update public transport. “We need to continue the high-quality renewal of rolling stock. It is very important that automobile companies have the opportunity to order new, modern, domestically produced equipment, including those powered by electricity and inexpensive and environmentally friendly fuel. And such measures are now being taken,” he said.

International exhibition forum "Transport of Russia".  Moscow

New trains will begin transporting citizens in the 2nd quarter of 2024
Photo: Georgy Bergal © URA.RU

According to Mishustin, the authorities are taking measures to reduce the logistics costs of Russian companies. This is due to the fact that “the cost of delivering goods and cargo largely determines the development of the economy.”

The transport sector is one of the key ones in the economy, and its development is connected with all other sectors, explains the meaning of Mishustin’s speech, the chairman of the transport committee of the Moscow branch of the organization “Support of Russia” Igor Rebelsky. For Russia, with its vast territory, the development of roads, railways, and maritime communications are of particular importance. “The state understands the importance of all these infrastructure logistics projects. Therefore, many serious projects are being implemented ahead of schedule, and objects are delivered a little earlier. These are logistics issues, and supply chains, the country’s logistics system, are like a kind of circulatory system in the body. But achieving logistics sovereignty is a fairly long process,” Rebelsky explained.

International exhibition forum "Transport of Russia".  Moscow

The better the logistics system works in a country, the better other industries begin to work, experts explain
Photo: Georgy Bergal © URA.RU

Logistics is one of the areas that has always worked without problems in Russia, says Pavel Zyuzin, director of the Institute of Transport Economics and Transport Policy at the Higher School of Economics. This is explained by the favorable geographical position of Russia.

“We have always had logistical sovereignty. Russia has transit potential via highways. On railways it has always been present and will continue to be present. In maritime transport, we have access to major centers of international trade, primarily in the Pacific Ocean,” the expert noted.

According to Zyuzin, the fact that transport projects are being implemented at an accelerated pace is due to the fact that the government does not have the opportunity to postpone them for later – the economy needs them today. “This concerns the reconstruction and modernization of existing facilities. First of all, railway infrastructure. The fact is that export potential is growing, the demand for cargo delivery is growing, but there is not enough capacity,” the agency’s interlocutor concluded.

International exhibition forum "Transport of Russia".  Moscow

Russia has access to large international trade channels, and new infrastructure projects will expand business opportunities, says Pavel Zyuzin
Photo: Georgy Bergal © URA.RU

The conditions for intensive development of the transport system were created in advance – for this, the very procedure for launching complex infrastructure projects was significantly simplified, says Petr Kiryan, head of the social research laboratory at the Institute of Regional Problems. “The authorities understand that it is necessary to build an internal network – both transport and logistics, to increase warehouse and port capacities – everything that is needed in the current situation. The economy will only benefit from the fact that new transport corridors and new highways appear and become operational. Maybe this won’t give much effect at the moment, but it will be an accumulated effect – new logistics hubs and capacities will arise around this infrastructure, and the connectivity of the territories will increase,” explained Kiryan.

It may take several years to implement these plans, predicts Deputy Chairman of the State Duma Committee on Economic Policy Artem Kiryanov. “The implementation of all transport projects falls within the medium term: approximately 3-7 years. But if we talk about the strategic vision, then the development of transport infrastructure for the next 20 years is one of the priority tasks. And here we will rely on our partners, with whom we plan to develop strategic cooperation, including on the development of cross-border corridors,” the parliamentarian concluded.

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