BELARUS NEWS AND ANALYSIS

DATE:

19/10/2009

Lithuania, Belarus and China to expand East-West Transport system

Danuta Pavilenene, BC, Vilnius

Lithuania, Belarus and China will cooperate in expanding East-West Transport Corridor initiative. This is foreseen in the common declaration which was signed after a trilateral meeting on Monday by Ministers of Transport and Communications Eligijus Masiulis (Lithuania), Ivan Scherbo (Belarus), LI Senglin (China).

"In respect of technical and administrative issues, strong transport links influence the economic growth, enhance the communications and trade relations of those countries. This is why we have foreseen to invite all the neighbouring countries in the East-West Transport Corridor to join the initiative on creating competitive international cargo transportation opportunities," said Masiulis.

In their joint declaration the ministers highlighted the importance of strengthening the cooperation between Asia and Europe, expanding the transport infrastructure and taking the transport policy measures grounded on transparency, mutual trust and non-discrimination principles. Highlighting the economic importance of the East-West Transport Corridor, the ministers confirmed their objective to establish the transport system connecting Asia and Europe by the means of a competitive transport and logistics chain. The aforementioned ministers are to meet at the first ever organised Asia-Europe Transport Development Forum in Vilnius, Lithuania, reports ELTA/LETA.

Transport Development Forum will analyse the principal trends of global economy and its impact on transport and logistics. It will discuss the attitude of business toward the demands of transport infrastructure linking Europe and Asia, as well as in regard to investments required for the development of this infrastructure, and explore the opportunities of public-private partnership in the sector.

On 19 October, at 10:00, the Ministerial Meeting on Rail Baltica development will commence. Perspectives of implementation of Rail Baltica project and its future plans will be discussed by the EC Transport Commissioner and Transport Ministers of Poland, Lithuania, Latvia, Estonia and Finland.

Source:

http://www.baltic-course.com/eng/transport/?doc=19513

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