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Russia's Putin offers new Europe - Far East transit route
September 9, 2012 - 14:31 AMT
PanARMENIAN.Net - Russia wants to become a new global transit route
connecting Europe and the countries of the Far East, Russian President
Vladimir Putin said on Sunday, Sept 9.
The country's transportation network, including the Transsiberian
railroads and the Northern Sea Route in the Arctic, offer unique
opportunities for transit of goods across the globe, Putin said at the
APEC summit in the seaport of Vladivostok.
The APEC countries support Russia's efforts to improve its Siberian
transportation routes, increasing cargo traffic, Putin said.
Although the Siberian railroads and the Arctic sea route could
significantly speed up cargo shipping, they lack the infrastructure,
including ports on the Arctic coast.
Inefficient customs are also a constraint, and the Baikal-Amur
Mainline railroad needs an expansion priced at around 730 billion
rubles ($23 billion), or more than the cost of the APEC summit in
Vladivostok, which included construction of some 50 infrastructure
objects across the region, RIA Novosti reported.
September 9, 2012 - 14:31 AMT
PanARMENIAN.Net - Russia wants to become a new global transit route
connecting Europe and the countries of the Far East, Russian President
Vladimir Putin said on Sunday, Sept 9.
The country's transportation network, including the Transsiberian
railroads and the Northern Sea Route in the Arctic, offer unique
opportunities for transit of goods across the globe, Putin said at the
APEC summit in the seaport of Vladivostok.
The APEC countries support Russia's efforts to improve its Siberian
transportation routes, increasing cargo traffic, Putin said.
Although the Siberian railroads and the Arctic sea route could
significantly speed up cargo shipping, they lack the infrastructure,
including ports on the Arctic coast.
Inefficient customs are also a constraint, and the Baikal-Amur
Mainline railroad needs an expansion priced at around 730 billion
rubles ($23 billion), or more than the cost of the APEC summit in
Vladivostok, which included construction of some 50 infrastructure
objects across the region, RIA Novosti reported.