Mongolia, Russia and China discuss eastern railway corridor
The Eastern Railway Corridor will connect Russia with northern Chinese ports by a 500-750 km shorter route than the Manzhouli- Zabaikalsk corridor.
The Ministry of Road and Transport Development in cooperation with Mongolian Railway Company is organizing an international consultative meeting between Mongolia, Russia and China themed ‘The Eastern Railway Corridor – Development of the Region and the Mining.’ The international meeting focuses on Eastern Railway Corridor, one of the 32 projects projected in the Trilateral Economic Corridor Program, an economic development program initiated in order to promote development and integration of the three countries and is expected to play an important role in the development of not only Mongolia, but also the Northeast Asian region. The Eastern Railway Corridor will connect Russia with northern Chinese ports by a 500-750 km shorter route than the Manzhouli- Zabaikalsk corridor, thus creating possibilities of cost-efficient circulation of the Far Eastern region natural resources. It is believed that the Eastern Railway Corridor can play a major role in the achievement of a goal set by Russia and China to increase bilateral trade volume to USD 200 billion by 2020. Minister Bat-Erdene.J expressed his confidence that the trilateral consultation will help develop practical calculation of freight to be transported through the Eastern Railway Corridor in correspondence with the current state and future trends of mineral resources in Mongolia’s eastern region and volume of transit freight, and intensify trilateral cooperation in this area.
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