India, May 7 -- World powers are eyeing the Arctic corridor as a vital link in a new era of global shipping. With India aligning with the NSR through the International North-South Transport Corridor (INSTC), a new network is taking shape - one that may reshape global trade, and redefine the geopolitical map

Rising global temperatures have created a major new trade opportunity: the Northern Sea Route (NSR). Interest in the NSR stems from geopolitical, economic, environmental, and cultural factors. Its growing cargo traffic and infrastructure are boosting its strategic, economic, and logistics significance.

Addressing the participants of the 6th International Arctic Forum, "The Arctic: Territory of Dialogue", which took place on 26-27 Mar...