* China and Russia: Simplify direct road transport formalities
-- A permit for international road transportation between China and Russia via Kazakhstan without customs declaration in there took effect Tuesday... Yleham Abulet, director of Xinjiang Uygur Autonomous regional road transportation administrative bureau, said that before the permit, Xinjiang's road transport could only reach neighboring countries such as Kazakhstan and Kyrgyzstan. Goods transported from Xinjiang to Russia had to pass through Kazakhstan as there is no crossing on the China-Russia border in Xinjiang. All the goods transported between China and Russia via Xinjiang were unloaded in Kazakhstan for customs checks, Yleham Abulet said... With the permit, cargo trucks only need to register when they transport via Kazakhstan, he added... China and Russia have been working on direct international road transportation since 2009. The permit will play an important role in the development of bilateral trade between the two countries...
(Photo from chinaincentralasia - Southern Corridor highway, Kyrgyzstan: Trucks carrying coal in Chinese-made trucks along the Southern Corridor highway on the way to the Irshketam Border) -- Urumqi. Xinjiang Uygur, China - Xinhua - Feb. 16, 2016
** Ukraine, Turkey to resume free trade zone talks in March
-- Countries agree to boost economic ties and to condemn Russian aggression... Free trade negotiations between Ukraine and Turkey will resume next month. Prime Minister Arseniy Yatsenyuk made that announcement on Monday. He met with his Turkish counterpart Ahmet Davutoğlu in Kyiv. Both countries agree on two main points: to boost bilateral trade and investment and condemnation of Russia's actions in Ukraine and Syria... For Turkish investors, infrastructure is attractive - a recent deal for a subway construction in Dnipropetrovsk was highlighted by Yatsenyuk. Another common area is energy - especially gas after Ukraine temporarily stopped buying Russian gas last month. Projects in the defense and security sectors were also possible openings for Turkey... Meanwhile, both leaders pledge to remain united in the face of Russian aggression... Turkey also agreed to lend Ukraine USD 50 million over the next five years as part of a larger international credit agreement...
(Photo: The port of Ilyichevsk, Ukraine) -- Kiev, Ukraine - Ukraine Today - 15 Feb 2016Labels: deals, trucking industry news worldwide
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