Saturday, February 27, 2016

Full-scale launch of Silk Road route from Ukraine to China slated for March



Acting head of Ukrainian rail transport giant PJSC Ukrzaliznytsia Oleksandr Zavhorodniy says that the Trans-Caspian transport corridor from Europe to China will begin to work at full capacity early this spring."It hasn't been launched at full capacity yet. We have sent a first train to assess the situation, to see if there are problems or restrictions.


The route will be launched at full in March. When this Silk Road starts working, we'll be able to deliver freight from China to the border with Poland for 11 days. This is virtually as much time as a train runs via Russia," Zavhorodniy said in an interview with Ukrainian online publication Livy Bereh at lb.ua.

In his words, Ukrzaliznytsia plans to launch two own ferries to reduce the Silk Road fare.

"This will significantly reduce the cost of freight transportation along the Silk Road and make the route more attractive and competitive. Our counterparts from Poland and Germany have repeatedly announced their interest in the creation of this transport corridor. And today, we are working with them to hammer out a common policy with a single tariff," he said.

Zavhorodniy says that this route is of strategic importance to Ukraine in terms of national security.



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