rolls faster than what is the root every russian companies, luke oil, gas from, and rust nest, a major supplies. and in 2023, the volume of congo reached direct quote. height, the records of the old waiting mode in russia was set in 202134 point 9000000 tons . at the moment, no nicholas vessels, the toner, has transported 35000000 tons. we have reached this milestone of 35000000 tons. whenever rich, we transport about $100000.00 tons per day through the northern sea route. we now see that we should only what do you have 36000000 tons by the end of 2023. let's look at the dynamics around 4 decades ago in 1987, 7000000 tons with tons of voltage, with the northern c. plus for which the 2021. and the volume increased. 5 turns over to about 35000000 tons. and in 2024, china was set to become the largest in gold rush and liquefied natural gas with the supply of more than 27000000 tons,

fellow asian economic giants. india has also increased these trade with strategic partner, russia, expanding north south trade while the northern sealants, the only other comparable rigs for that journey as far as the suez canal in egypt. that is almost twice as long. while the full trip between vaudeville stuck in some pieces valley across the northeast see route would be a 14000 kilometer jenny. it would be a 23000 kilometer roads via the suez canal, rushes president fruits in his emphasize the note and see where it is since the more efficient we should never just need to do to the nuclear icebreaker fleet would probably be needed for decades to come, this is a huge competitive advantage for our country. the atomic fleet represents the development of competencies. the northern c route is advantage is from a logistical point of view as it is becoming more efficient than the suez canal. transport time can be improved many times over by using the northern see. those remarks change just days before a militant group in yemen, began attacking ships and the red sea. the main will the way accessing the suez

canal, whose he said they were targeting vessels linked to his right. it was a gesture of solidarity with palestine. cargo ships of that full being divots, traveling the long way around africa, around the cape of good hope. some $22000.00 ships passed through the suez canal annually, making up around 12 percent of world trade. and while a situation in the middle east remains turbulence, experts say the northern sea root could be a viable alternative. shipping through the suez canal is associated with very high military risks for ship owners and cargo carriers. this means an increase in premiums for ensuring a ship's cargo that adds to the cost of transporting goods which on doubted li weekends their competitiveness on global commodity markets. the northern sea roof looks completely different from an economic point of view. it is an important point that we only develop further the opposite cuz one of the last great phonics, both places on this is rich and natural resources. meanwhile, i meant the shifting global political situation. there are increasingly more

prospects venture to the phone and break the ice rebecca future. it's all right, be sure to stay with us. i'll be back right here with much more news and less than 30 minutes. in the meantime, be sure to visit our website or to the com for the very latest breaking news and updates the . this is the exclusive interview and my guest today is doctor more days is the founder and ceo of the center for the promotion of private based enterprise is also the immediate past director general lake austin. both of us and industries. i thank you very much for your time, talk to you soon. thanks for talking to us as a policy. thank you very much. my pleasure. now let's go straight into it. talk to

you soon. could you provide an allowances of the current economic times? it's in russia and nigeria, highlighting these specific sectors where collaboration has the most impactful potential areas for, for the development. what the church between that did on russia has not been. that's great down. so find a ready. yes. to get that the, the, the volume of by the change has been anywhere between $5.00 to $2000000000.00 us dollars, which is way too low. and the key as well to the sofa. i live in new york in that g products, particularly uh, what is one of the bedroom photos from russia. a console experts is lazley. indeed off i'd be. i'd be k products. we inputs a lot of weeds and greens from russia and the by the we were very be cause of

my of this it is grants because we used the most last april, 4th week for brad as or so the market for this guy is a very huge i know exports many hours so i course what i put us, you know, cool, cool be is cool, but gushing laws and things like that. so basically that's, is that correct? uh, of treat sofa and the few or maybe services in for the next part of what was was we kind of do a lot more down. and that brings me to my next question. there's been a couple of rush advocates on. how can we improve on the level of trade and corporation because there's definitely potential to do more. yeah, the quote as, as a huge, as you know, uh, as a country you have very sweet insights. so to deficits and the, if we was,

you know, a skilled, a productivity to our competitiveness as an economy. i would need a lot more investment in infrastructure. so that's a huge room for cooperation indeed of infrastructure investments. i'm talking now about russia and investing. i saw 14 mazda end date of infrastructure where they did with a juggle to in the past of the ottoman rooms, and also come to mind you. why didn't we see more for that type of a corporation where i think these are, what did you call on global amounts of issues? i think we have not been very consistent in the way we manage this process. so what do we need to do? an l 5 is to be more plus expense and more inc, this and that is so seen in this profession quite as a whole lot to be efficiently. now that as a lot of jewel political issues as globally at all sides, very strong in the area of infrastructure we have been struggling with is indeed

a technology indeed. or i don't see that says like that and this is, that's it. we got to, i really need to support a new growth of the equipment. so that's not all full, full cooperation, indeed of energy in the last and fast worked on developments and individual cycle sort of developments because we have lives in the mostly we time eclipse without any land land or so on, so forth. so that's the most we cannot. no. so the developing capacity to grow, i put drastic that the use of as we entered into the new year on the 1st of january, 5 new countries joined the bricks. group of countries at the nigerian governments has expressed interest in joining the brakes at this point for the can you elaborate on the specific economic sectors that crude substantially benefits from fix memberships? and how does this align with nat geo is pull the economic goes, is it

a win win situation? if it's a win win situation? first, it looked all sectors with benefits and got sick don't. i'll technology sick so i'll go to the sick. so i will, uh, so let me when i fix it, i didn't, and i me, oh infrastructure. because uh for an economic infrastructure was mostly ever said, no, there is no way you can improve your productivity. yes. and the economy and the price on welfare unable to spill your investment, you don't have infrastructure. so in particular or lately as that output units, given the kind of member, i see that the big has, you know, got broken off. and i really imagine the economy is for me to get to the prospects of collaboration and possibility of alignments. this is quite disquiet and almost, you know, people, the kind of that of, of those who end up members. and of course,

it also has, it also has a very important and vital task. so if you please grant interests, you know, because if you do lots of that kind of look as a whole lot of opportunities in the suit and that was also remembers yes. yes ma'am bus and the whole real bad. so that's really that issues. at least we knew that it'd belong to the very powerful group that time the council part to. and of course the big those will have to reduce the west time domain as denied it. because i've been talking about, you know, balance in the global award or that that's of how i pads or if you, as, as multiple a world exactly, boost is also i also a message to you for the stuff. give me sort of the global economics. so that's a for lots of benefits of the member, as you know by left side of our listeners is among the members of the brakes and the collective interest that also protect it. not,

not do it to quite some time before it expressed is when in this and to join the brakes. and this is a strategic move. what critical considerations and compassion, diplomatic economic, jo, political aspects should not, julia ss, as it's actively pursue as membership of the big school. do think the government has done its homework and is ready to for the head. what is these thoughts very clear yet? would that enough homework has been done? well, it's actually motto generally, i fancy for, you know, the impacts of any diplomatic. i mean it's, it's a function of your own interest. you know, is a function of having a win win situation. initial sheets as to the most highly beneficial, you know, so that's called quincy for was the there, you know,

and i believe that the members of peaks will create that kind of opportunities between in the idea that i'm in by. so it's, and also between that did a and, and by luckily now with russia and lots of opportunities a, what's, what this importance is to ensure that you see when, when, initially i something that i asked this question based on the current balance is basically we have this is, uganda was removed from the africa girlfriend opportunities asked by the united states because of the at and t j. those that things do do things that you don't have to know. make benefits might be tied to that the school post trends within the brakes. a membership as we've all seen, some of this fun disadvantages in the west. yes. uh, within the next member sheep, we are likely to see a more nebraska task in terms of what's be allowed to see lots

more feeder, you know, full conscious unlimited. you notice the phone, so you know this up plus type in what you can do, what i don't know if that's so i mean, nobody 4 bits or 5 that's additional not advantage. do you, what do you have with the relationship with the width, you know, guy looking at with time is to show us some of these quantities in west and then look for those things i pass, you know, to relationships, to was video. so friends, yes, you know, so i'm going to, yeah, i mean by the us it's and what happens, we need it desperately to get some weird lift falls. you know, from the west and the all sorts of parties are part of the shows. i know we submitted extremely difficult. you know, malware the situation was that you order it and you know, i'm thinking of was there a way hudson is a russian now yes,

we have to move. that's what options. so decided kind of close friends. know that you fees when, when you belong to, you know, some of this west time west. i'm going back to make sure i was i don't think that kind of tylen this religious within the, within the plates from one another. things have a $10.00 eyes ation. it's been a buzz, worked in the last few years. the world is looking to was approaching all the conferences as for global transaction. it's quite a complex policy shift. can you please galvan to specific measures and strategies? 9 jewish and consider to be effective, me, navigate this transition, given the country knows full of the not right is the us dollars and will not you enjoyed in the books to help the nearest otherwise will gain strength in any way? what it will have it will have to defend that's with me on by the 4 beats

riley to see a much bit that by last of 3 minutes. we'll see. uh, because uh, the sense of the coin c. c, a folks on off how heavy are balance of payment, what it's showing is on the balance of payment for each $1.00 is supposed to be a function of the incentive to match it to anything that's natalie associates. if with the brakes, uh, hopefully we have multiple times and thousands of miles off to the change the initial on. she's more than the bread 2 times and all of that well, by myself in maple, this one is naturally to improve. i need that. i think that's what the facts according to you know, is the most flaw of who's on services. i'm more what's actually i like to see an improved flow of a, of copy that, you know, from some of this or that punches into an idea of it. but we'll see investment at that point from investments or funding data to invest decided things that's went

into the equations as far as this one. well, that's fairly complex when, as i said, uh because uh, the concept of like this one is supposed to be a function of how it and lee brad the countries. how on the columbus and how do i mean, that's the economics and what is your phone? so one of the call on the experience of the members, and i know of cause that mix as are 20 to 3. the contribution of the links to the global economy was about, that's 2 percent of the globe. i did the p. uh, the contribution of the g 7 on his was i but that $0.50. so brings has that's, that's, that's mostly that the economy by any to be able to for the head, you to come up with what the issue is. we still have the core of the seas. i'm going to adopt, you know, so both that because the members how to guide into leslie. yeah, so i'm going to that as team issues about openness will be in dc, gladly put on his within brakes. i've seen that sadly realization,

all of these factors will come into play out where you come to this issue of velocity so, so that's why is this is a fairly complex complex much the there's many problems in u. s. society now the, they're facing because of the, their model is again, it's not able to fulfill the expectations of people using growth in, in, in, in homeless mass us and growth in poverty. this is a lot of traffic ations on the people who say so that they need to find a way to, to vote for, you know, solving their own problems and not trying to police the world. the

in 1941 with the nazis health relation, ultra nationalist, the massages the claim, the independent state of croatia. shortly off, the seizing power. they built the scene of us concentration come, a place associated with the worst atrocities committed in yugoslavia during world war 2. use dash is used to come system to isolate and exterminate subs, roma, jews, and other non catholic minorities, and political opponents of the fascist regime. conditions in the san of us come with her renders the gods to which it to arise and the prisoners they send them a consultation temps. so most of them died. it was incredible genocide. the

the, you know, given the ever changing global economic landscape and looking at non jews, economic position. no, you don't have a crystal ball in front of you, but we just turn the clock into a new yet. could you offer an analysis of the factors shaping matches economic outlook for 2024, including potential challenges and opportunities that exist well, the is that's will ship the economic outlook for $21012.00. i essentially our quotes on duty phones, the economically form that equipment that musician has been posted in, oh yeah, i see. so majority funds in the area of oil and gas, the side on the 1st subsidies without seeing the pendulum industry at which is meant to open up this, this on 50 more on the see the best i can do. you see the environment for

investments, the oil and gas sector. and as you know, we have huge ease as in gas. so i know if i went to the dfcs reserves, indeed over guys was quite naturally on time. yes. and quite many untapped email. so uh, the phones are not going to open up that speeds, you know, as, as little as, you know, crude or ad domestically final, physical improve was also and, and so forth. so that's, we impact the outcome in 2024. now of course, we also have the forwarding listings policy and a phone call by this or b as in j, the liberalization, or the forwarding this to indian betterments. definitely also have a very big positive impact for the this, the funds. i've had a very serious advisor additional associated that's what the cost of leaving. so satellites calls for biopsy. that's what a lot of has she well going forward as he's probably lies with those with friends.

and actually, as you know, i just do the realities of those reforms i'm to attend, so we're continuing to to get better. but my view is that's, or the shocks economic shows that connect as independently. i'm more likely to repeat themselves where it's likely to see the results of busy falls, where i live to see data. these are those reforms. so that is why i fear that the outlook is a lot more positive. ok, now what do i do? not want to use if expanded in the, on the strength and economic ties with russia and your last submission. we talked about the gas oil and gas times of my g that russia is one of the biggest gas explosives and was there, have you guys of expertise in this? what specific services do you think the countries can collaborate to jude? i'm all social economic impacts for both nations beyond point. i guess we're all on

that is key. i mean, we still, we are most likely to be on these. but the truth is that the resourcing for an oil and gas is what's with form, the p less well for the deaf education of the economy. the last 5 will do then if i structure. so it was 2 miles in that is because we, me, is very critical of cost issues of technology to a laptop that by the i will not see a sector. we started with, i in the eighty's to the early ninety's, but somehow we dropped the ball. you know, as some fantastic, kindly visits the most with outcome viewed the very strong. i don't see a sector because you can move towards industrialize is yes, yes, because and i see is that it because it doesn't go transition. i have been talking about developing our tween grocery funding sounds develop, you know, it goes drastic. we that is solely our last the base cannot do that because

structural sector will fast to development. hello. this is add dependents on these slowly. i don't know, assuming those kind of benefits the most from russia and that's it. but then also, you know, i go to aspect of the sector i see the most is trying to solve to map, you know, we have to look live within technology enough. no, i put drastic to alpha population. that is going this fast. no, that's one of the people. you cannot continue to depend on this technician on this . so if i do the quotes or to solve parts of my food security explanations, i know i go, i lied industrial development. so it looks, we kind of benefit the loss from russia in the, of those, you know, security. no i because the last 6 i'm leveraging modern technology investigates. now lots has happened you politically the last few years. it's almost some people say we're back to coldwell politics, east versus west as africans. how do we will practice going in,

in determining who to business? we do our friends, but sometimes when you have a friendly relationship with the east, the west tends to found out that while you're doing business with people and the 60, as most independent is i believe most often countries have come of age in doing business with the rest of the world, what should african nations, especially at nigeria and look out for what she looked at for our interest, the interest of our economy, the incense. so for our people and the, the level of the degree of what's well respects that, that exist in any particular relationship. so i think that's as much more inputs and then talking about, you know, i that really add to your last 2 by 2 collab. look. so what is central to these

photos will have very clear understanding of once we, once we'll have a clear definition of what's our interest or the incense of individuals with the interest of the country. so right. i think we decided to invest with sheep. i wanted to see so as, as far as this dual political environment is concerned, not talk to you soon. not jude rushes had the financial relationships for quite some time. and you did mention in the beginning of this interview that the level of treat as potential for one is quite pull at this moment. what factors do you think are responsible for that and what's awesome and the challenges that local businesses and find investors face in the context of improving investments, improving the relationship and seeking investments from both sides. once its importance, these information,

we need to be more published on both sides in getting the information on your opportunities that exist. so, and that's really why i, that's a, you know, the, the embassies on both sides who have very strong shades of these. you know, that's we make information on that village, you know that to assess the type of business because say this essentially the same business people. so that's, that's, that's the position. please tell me if i, when is, or the 422 that they've used. i think that is also investigated critical and also providing the necessary support for feed infrastructure. you know, the pro magic ties, ease of movement, ease of access to a visa. you know, those also lots of parts. also very critical in addition to providing you that that's kind of information on time, the information that he guides investors, then we need to spence in if you nice. yes, he stands by lots of them so that you can have

a lot of supports make love the magazine back. usually i think was we'll have the rush and eggs inbox a couple less reports on both sides. you'll find that the chit decided, tends that, that needs to be done in the front of me. talk to you soon. if is that in columbus, i'm looking into the future. what does my jewish need to do to make this country attractive for investments? you where the media costs of directed, you know, the labels, chamber of commerce and industries. you buyers with all the countries, your, like a diploma. so you have this experience in knowing the polls as knowing what investors are looking for. and what are the advantages that nigeria has at the moment? what can we do policy wise to attract this investments? what now jeanette has the advantage or size of population of markets

and also have the advantage of our demographics. you have very young population as a very big advantage, any d, as far as an economic, clean insurance is across up. so we have that. we also have the resources which i had largely on tapped. so these are huge opportunities. what to see what times this will know, but as a country is to ensure that we create the lead kind of my quick when i make a note that to make it easy for investors to come in and out and so that you have more liquidity in that for the mentions and betterments, we have a policy environment that has very test prints. we have policies, that's apple assistance. i do have new incentives for goose, well, for me to invest. well, i know this is at christie pad for building investors coffee. this was able to do that, i think would be able to do a lot more and that's what websites and investments most was to us with the most

money. you know of the file size in the development of the infrastructure. you know, because it pulls into investments, it's also about the infrastructure as some of this, initially any more samples to develop the infrastructure. so it's in the neighboring environments. my quick comic environment in particular, policy says he'll policy appropriate to glitch in betterments. the 16, the very important. thank you for your time and access and stuff, so thank you very soon. thank you very much. so there's a pleasure speaking to awesome. thank. thank you very much. the there is no end in sight over how you're going to continue to destroy the earth. is the case for the med, most of the people. i tried to go to the gym, but i'm certainly not ready to fight russia. this is also of soon. this is the 3rd

world lunacy re washington as well. so the funder line likes to say, we have the tools while we just start with stability and business deals to living on line. we have very close propaganda. you know, a price here in new york. i think we don't know the aftermath any time that you're not allowed to ask questions, you should ask all of the questions. some more questions, ask a better. the answer is will be the, the, the,

[000:00:00;00] the israel releases the fresh videos of its operations and the strikes on the gaza and loving on as us secretary of state visits and tel aviv to solve the firm. washington supports united states of america present 5 and 4 year old. more on the call of duty to the fact that he was standing. steadfast movies around the bangladesh elections attract greater scrutiny. this time from the us such as brand at the recent parliamentary poll results as dishonest the supply international observers calling them free and fair. and in the latest