Kazakhstan to use Chinese port for int’l transportations
Kazakhstan wants to make maximum use of its port of Lianyungang in China with container trains travelling between China and Europe.
A framework agreement, signed in Astana by the KTZ-Express JSC and the Lianyungang port, will be a basis for this.
The agreement was inked following a meeting of the Kazakhstan-China Business Council to strengthen and improve international transportations via the new Eurasian continental transport corridor
Samruk-Kazyna, a wealth fund and joint stock company in Kazakhstan, said the agreement stipulates arranging travels of container trains on a regular basis on the China-Europe and China-Central Asia routes with the Lianyungang port’s direct participation, as well as the creation of favorable conditions for transportations and boosting transit.
Under the agreement, the parties also intend to boost the capacity of the infrastructure of the Chinese-Kazakh logistics terminal Lianyungang and complete the construction of a railway siding adjacent to the terminal.
“The parties also intend to develop joint cooperation in logistics and supply chain, and to carry out researches to explore the possibilities of transporting grain and other agricultural products,” Samruk-Kazyna’s message read.
Aside from that, the sides agreed to take necessary measures for bringing cargoes to China/Southeast Asia-Central Asia/Europe, and reorientation of freight traffic from the existing sea routes to the port of Lianyungang.
The Lianyungang port is located on the Yellow Sea.
The Kazakh-Chinese Business Council was established at the instruction of the heads of the two countries in 2013.
The council was created to further promote trade and economic cooperation, promotion and development of collaboration between Kazakhstan and China in various sectors of the economy.