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Mar 18, 2017

Oleg Belozerov discusses cooperation on railway sector with Deputy Chairman of China's National Development and Reform Commission

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Oleg Belozyorov, President of Russian Railways, has met the Deputy Chairman of China's National Development and Reform Commission Hu Tsu Tsai to discuss cooperation on the railway sector between Russia and China.

The meeting took place in Moscow on 17 March 2017.

Oleg Belozerov called the cooperation between Russia and China a comprehensive partnership and pointed out that work between the two countries was developing dynamically in a number of directions, including transit container transportation, terminal infrastructure and integrated logistics, including e-commerce.

The two sides also noted the positive results of the seventh joint meeting of the Working Group on Cooperation on High-Speed Railways Lines and the Working Group of Enterprises on Cooperation on High-Speed Railway Lines that was held on in Moscow 15-17 March 2017.

One of the largest joint projects between Russia and China is the Moscow-Kazan High-Speed Line (HSL).

The Russian and Chinese representatives from the delegations discussed the design and preparation of the construction of the first HSL line in Russia, financing the project and localising the production of rolling stock.

During the meeting, the parties also discussed the prospects for high-speed freight traffic between China-Russia-Europe.

According to Oleg Belozyorov, the future belongs to high-speed rail. "This project will not only become the most important link in the Eurasian transport communications system, but will also ensure the practical implementation of the idea to combine the Eurasian Economic Union with the initiative to create the Silk Road's Economic Belt," stressed the President of Russian Railways.

In addition, Oleg Belozerov and Hu Tsu Tsai discussed prospects for the development of railway infrastructure within the framework of the Russia-Mongolia-China economic corridor.

The programme to create the Russia-Mongolia-China corridor was signed on 23 June 2016 in Tashkent in the presence of the heads of state of the three countries involved and provides for the creation of a Central Railway Corridor (Ulan-Ude-Naushki-Sukhe Bator-Ulan Bator-Zamyn Uud-Erlyan).

According to the Chinese side, the new corridor will be capable of attracting additional freight from the countries of North-East Asia to rail transport.

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