The Port of Tiksi, in northern Yakutia, on the coast of the Laptev Sea, will receive international status and will be open to foreign ships. The corresponding resolution was signed by Russian Prime Minister Mikhail Mishustin.

“This decision will create conditions for launching an investment project to build a deep-sea port hub near the village of Naiba. Cargo turnover could be about 30 million tons per year,” the government website reads.

The project developers believe implementation will contribute to the creation of new transshipment capacity and new jobs, and the development of not only the port itself, but also the Northern Sea Route, which is especially important in the face of the external sanctions pressure.

Previously, the government of the Chukotka Autonomous Area expanded the territory of the seaport by adding new land and water areas near Cape Nagleynyn. A sea terminal will be built there for the shipment of products from the Baimsky Mining and Processing Plant. This corresponding resolution was also signed by Russian Prime Minister Mikhail Mishustin.