The Chennai-Vladivostok eastern maritime corridor has become operational and is carrying oil, food, and machines, Minister for Ports, Shipping, and Waterways Sarbananda Sonowal said on Monday.
He said India and Greece would work together on the India-Middle East-Europe Economic Corridor (IMEEC) announced last year. India aims to be the best maritime nation in the world in all indices, Mr. Sonowal said, outlining a ‘maritime vision 2047’.
“Out of the 139 marine nations across the world, we want to be on the top in all the verticals, whether it is port operations, cargo handling, ship ownership, ship building, ship repair, recycling, technology, and legislative reforms,” Mr. Sonowal said, speaking to the media on the sidelines of the inaugural edition of ‘Sagarmanthan: The Great Oceans Dialogue’ thought leadership summit, organised by the Ministry in partnership with Observer Research Foundation. He also held bilateral talks with Christos Stylianides, Greece’s Minister of Maritime Affairs and Insular Policy.
The two-day dialogue has over 1,700 participants, including over 215 delegates from 60 countries, officials said.
Officials said the Chennai-Vladivostok corridor became operational at the end of last year. The government had stated earlier that the corridor would result in significant reduction in the time required to transport cargo between India and Far East Russia — by up to 16 days; from 40 to 24 days; and a significant reduction of the distance by up to 40%.
“The IMEEC that was announced during the G20 summit — it goes from India to UAE, Saudi Arabia, Jordan, Israel, then three European countries, Italy, France and Greece. Ultimately this line will also have a railway line, [and] sea route totally over 4,800 km. India and Greece will work together,” Mr. Sonowal said in the media interaction. On the Chennai-Vladivostok maritime corridor, he said it had become operational and, along with the port in the Bay of Bengal, Paradip and Vizag also have connectivity. “We are getting crude, food, and machines. We are also sending… It is operating smoothly,” he said.
His remarks come in the backdrop of apprehensions on the progress of the IMEEC, given the volatile situation in West Asia in the backdrop of the attacks on Israel, and the continuing offensive in Gaza and Lebanon.