Every time we check our social media accounts, we come across something about global warming. We know that one of the most destructive reasons of global warming is melting ice bulks in the North Pole. On the other hand, nowadays media outlets instead of showing suffering polar bears on the pieces of glaciers, they are talking about new trade routes that is gradually forming in this region. It is time to talk what we have under the icebergs. In this article, we will point out what is happening around Arctic region in terms of new trade route what China calls The Polar Silk Road.
On 23 March 2021, we jumped out of our beds by hearing news about Ever Given that is the name of cargo ship which stuck in Suez Canal. This ship embarked on Netherlands to destinate China, but it couldn’t achieve. This incident led to six days off for Suez Canal and gave rise to around 60 billion dollars loss for global trade. Of course, this was not the first incident along Suez Canal, we saw many and we might see some in the future as well. What if we had alternative route from China to Netherlands instead of that route. Yes, we have more affordable and shorter route but in Arctic. Could this route present opportunities for Türkiye, China and Russia? Let’s dive into Arctic to find the answer.
