MOSCOW, November 9. /TASS/. Shipments along the Northern Sea Rout have reached an all-time high, Russian Foreign Minister Sergey Lavrov wrote in his article "The Impact of Global Economy on International Security" for the Kommersant daily.

"Our country’s transit potential is growing. Trans-Arctic routes are emerging as a safe and cost-effective alternative to southern transport corridors. Shipping along the Northern Sea Route has reached an all-time high: the number of voyages along this route in early 2026 was 1.5 times higher than in the same period last year, while cargo volumes increased by 25 percent. The forecast for 2026 stands at 40 million tonnes," he noted. "Trade along the International North-South Transport Corridor and through the Eastern Operating Domain is expanding as well."

Apart from that, according to the top Russian diplomat, independent payment and settlement, reinsurance, and stock exchange platforms are being developed within BRICS. "The initiative to establish a Greater Eurasian Partnership provides a solid foundation for this work. It is designed to integrate the potential of the SCO (Shanghai Cooperation Organization - TASS), ASEAN, the EAEU (Eurasian Economic Union - TASS), and other subregional organizations, linking the countries of the continent through transport routes and projects within a common open economic space," he stated.