On July 21st the Working group participants met in Chengdu (China) before the 21st meeting of the Subcommittee on cooperation in transport area. The Subcommittee is a part of Committee on organization of regular contacts between the governments of Russia and China, which activity is aimed at the development of bilateral relations in transport, trade, economic and other spheres.
CEO of JSC RZD Logistics Viacheslav Valentik was a member of the Russian government delegation within the Working group on transit traffic. In the framework of the meeting representatives of Transport Ministries of Russia and China, various branch departments and main participants of both countries’ logistics market discussed the issues of transit potential development across Europe-China-Europe, as well as the additional opportunities for cargo transportation by international transport corridors “Primorye-1” and “Primorye-2”.
RZD Logistics’ share in railway transit across Europe-China-Europe in 2016 amounted to 47%, with the company planning to increase the transit volume and its market share by 97%. Today the company works on all three land border points: Zabaikalsk, Dostyk and Naushki.
CEO of JSC RZD Logistics Viacheslav Valentik at the meetings gave the Working group participants and the Chinese partners a detailed overview of the existing and new transit transport services and shared his expert view on widely-discussed legislative initiatives and development projects.
