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Jun 08, 2017

"The volume of international freight shipments along the East-West Corridor could exceed 127 million tons by 2020" says President of Russian Railways Oleg Belozerov

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Oleg Belozerov, the President of Russian Railways, has met with representatives from the German business community, in particular Siemens AG, Deutsche Bahn AG, Strabag AG, Vossloh Fastening Systems GmbH and the Schaeffler Group AG, all of which are part of the German Initiative on High-Speed Railways.

Sochi in south Russia hosted the meeting, which took place on 7 June 2017.

The President of Russian Railways noted the close and friendly nature of the Russian-German partnership and stressed the need for its further development.

The meeting's key topic was possible cooperation on projects to create a network of high-speed railways in Russia, including the Moscow-Kazan High-Speed Railway as an integral part of the Moscow-Beijing high-speed International Transport Corridor across Eurasia.

Also under discussion was the interconnection of the routes of the New Silk Road and the East-West International Transport Corridor, including the Trans-Siberian Railway, as well as other routes across the territory of the Eurasian Economic Union (EAEU).

"The transit potential which gives freight from Europe and the CIS countries direct access to the seaports in Russia's Far East and Russia's land borders with China, Mongolia and Kazakhstan, is colossal," said Oleg Belozerov.

The President of Russian Railways noted that over the past three years, the volume of transit container shipments between Europe and China had increased many times and that the potential of this direction had not been exhausted.

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