BELARUS NEWS AND ANALYSIS

DATE:

11/04/2007

Belarus: Belarus, Russia prepare single price policy on railroad transport agreement

The transport ministry of Russia has given the Belarusian side a draft intergovernmental agreement on equal rights in the sphere of price policy on railroad transport with regard to transportation of export/import cargo by rail between the two countries, the embassy of Belarus to Russia said.

According to the Belarusian diplomatic mission, all the concerned agencies and ministries in Russia have already approved the draft agreement.

The decision to prepare the draft agreement was signed by prime minister of Russia Mikhail Fradkov in December 2006. The Russian government decreed that before the official adoption of agreement, Russian domestic railway tariffs must be applied to the transportation of export/import cargo by rail in Belarus and Russia. That decision was caused by the termination of interim application of the Belarusian-Russian intergovernmental agreement on equal rights in price policy of April 12, 2002.

The draft agreement provides for equal rights in the sphere of price policy on railway transport in both states. Under the draft agreement, Russian tariffs, duties and fees shall be applied to calculate carriage payments with regard to railway transportation between Belarusian and Russian railway stations of cargo from third countries.

The Belarusian embassy to Russia has said the signing of this agreement is aimed at meeting long-term economic growth targets.

Source:

http://www.railway-market.pl/?p=wiecej&id=1694