Oleg Belozerov, the President of Russian Railways, has signed a multilateral agreement with Chinese Railways, Belarusian Railway, Deutsche Bahn, the National Company Kazakhstan Temir Zholy, Ulaanbataar Railway, and Polskie Koleje Państwowe SA (Polish State Railways, Inc.) to deepen cooperation on the organization of container trains between China and Europe.
The Russian announcement read, “The agreement has been signed in order to facilitate multinational cooperation on the organisation of container trains across Eurasia, and is likely to further increase the railway share of China-European transport on the freight transport market, help strengthen trade links, and integrate the plans for infrastructure development.
The six parties have effectively agreed to increase traffic volumes, intensify efforts to create logistics infrastructure facilities, improve the organisation of transportation and introduce new technologies to reduce travel time. In particular, the parties intend to support the development of competitive through-rates for freight transportation on container trains between China and Europe within the framework of their respective countries’ national legislation, and make efforts to create uniform service standards. In addition, the parties aim to actively develop new transport and logistics products, facilitate the organisation of the transport of cross-border goods based on electronic commerce, postal items, and goods requiring controlled temperatures in refrigerated containers.