More containers on transit through Russia despite pandemic

06.08.2020

Despite the negative impact of the pandemic on the global economy, Russia saw an increase in container transit volumes in 2020. In the first five months of this year, 278 thousand containers moved on transit through the country, 18 per cent more than in the same period of 2019. This is according to Russian Railways, the state-owned railway company of Russia.

In April-May, when Chinese factories returned to work, the increase was over 40 per cent, said Oleg Belozerov, general director and chairman of the board of Russian Railways on Friday. International partnership and digital technologies have brought more transit cargo to the railways during the pandemic, he noted.

Subsidised transit

In April this year Russian Railways reduced the rates for transiting empty 40- and 45-foot universal containers from third countries to China by up to 40 per cent. This measure, which is applicable until 31 August, was proposed in order to support the continuance of transit traffic between Europe and China.

According to Belozerov, this is an example of the good cooperation with the Russian Export Center, with which it orchestrated the plan. The Russian President supported this measure, the director general explained.

International cooperation

Russian Railways also pays great attention to cooperation with international organisations and business associations. In particular, within the framework of the Franco-Russian Dialogue Association and the forum Trianon Dialogue, as well as the French-Russian chamber of Commerce, common legal field and technology for interaction of the railways in the Eurasian space are coordinated.

Together with our partners, we see a growing interest from entrepreneurs to joint projects in the field of transport. Recently, such hot issues as innovation and digital technologies have become particularly relevant. They become key factors in the competitiveness of companies and industries, especially in the current context, said Belozerov.

Analytics on topic
Article
10.21.2022
Trade Relations between Russia and China: Growth Potential

China, being the world’s leading economy, is already today Russia’s largest trading partner. Complementarity of the countries’ economies, the common border, large-scale transport projects, cooperation in key sectors, participation in BRICS and SCO — these and other factors serve as major drivers for all existing and new bilateral initiatives. The potential of these relationships is to a large extent determined by their content and current trends.

Source: Roscongress
Article
11.17.2022
The People' Republic of China is Ready to Intensify Efforts to Accelerate the Digital and Intelligent Development of Freight Transportation along the China-Europe Route

China is ready to cooperate with countries along the China-Europe railway route to jointly promote the implementation of major infrastructure projects that will increase the efficiency of rail freight traffic.