POST Online Media Lite Edition



 

Russia, China to sign agreement on transport corridors

Staff writer |
Russia and China are planning to sign an agreement next month on the development of transport corridors linking China’s northeast with the ports of the Russian Far East.

Article continues below






Minister for the Development of the Russian Far East Alexander Galushka told that to reporters.

"Last week I held talks with the leaders of the National Development and Reform Commission, during which we agreed to sign an agreement on cooperation in developing the transport corridors linking China’s northeast with the Russian Far East ports, primarily in Primorye," the minister said.

"It is planned to sign such an agreement in December during the visit of the Chinese prime minister," Galushka said, adding that "next week the ministry would sum up the results of the contest on shaping the model of the developing the transport corridors from China’s northeastern provinces to the Russian Far East ports."

According to Galushka, the volume of external trade between Russia’s Primorye and China’s Heilongjiang province via Primorye-1 transport corridor will top around 80 mln tons of cargoes per year by 2025, including grain, containers and more, while the volume of external trade with Jilin province and domestic traffic in the Zarubino port via Primorye-1 corridor will reach around 90 million tons per year within 10 years.

The Primorye-1 transport corridor will link the Chinese border city of Suifenhe, the Grodekovo railway station, the border region of Primorye and the ports in the east of the region. Along this corridor cargo from Chinese provinces may follow via the shortest route to the Asia-Pacific region through Russian ports in the east of Primorye.


What to read next

Russia to sign new deal on rail traffic with Latvia
Russia and China to develop Primorye 1 and Primorye 2 transport corridors
China to build international road transport system by 2020