Until now, all freight routes from Mongolia via Russia went only to the West.
'This is the result of a colossal amount of work carried out jointly by Russia and Mongolia. We and our Mongolian colleagues have developed the whole transport chain ' from creating a modern, powerful locomotive and rebuilding infrastructure to setting competitive tariffs' said Russian Railways President Vladimir Yakunin in a speech. 'The launch of rail freight services from Mongolia to Far East ports is a clear demonstration of the potential for diversifying sales of Mongolian products on world markets.'
Yakunin said the new route will allow coal to be delivered from Mongolian mines to Japan and South Korea via Russia's Far East ports, and also in the future via the developing port of Rajin.
During their official visits to Mongolia in 2009, Russian President Dmitry Medvedev and Prime Minister Vladimir Putin signed a range of intergovernmental accords, which were furthered by bilateral agreements to develop the Mongolian railway sector. In May 2009, Russian Railways and the Mongolian government set up the joint venture “Infrastructure Development,” to provide an investment platform to develop the Mongolian rail system. Since December 2009, Russian Railways has acted as beneficial owner of the Russian share of the Russian-Mongolian joint stock company Ulan Bator Railway.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now