Off the wire
• Australian Morrison wins 2016 Qiantang surfing crown  • Fitch affirms Rio's issuer default rating at BB  • Tokyo stocks close higher, gains capped on concerns ECB may wind down easing measures  • Pakistan concerned about new US terrorism act  • Japanese Nobel Prize winner calls for more investment in basic science  • Australian scientists discover new frog species in Queensland, Australia  • Philippine inflation rate rises in September  • Defense chiefs of Five Power Defense Arrangements members meet in Singapore  • China's Sansha to build sea turtle refuge  • Xinhua Insight: Legacy of Long March lives on in China  
You are here: 　 Home

Kazakhstan, Russia vow to deepen cooperation in transport, logistics

Xinhua, October 5, 2016 Adjust font size:

Kazakh President Nursultan Nazarbayev and his Russia counterpart, Vladimir Putin, said Tuesday that their countries should enhance cooperation in transport and logistics, taking advantage of their geographic locations.

Sitting at the crossroads of main trade routes between Asia and Europe, the two countries should jointly develop transport and logistic systems, Nazarbayev told a business forum in Astana. "The transport sector must turn into one of the drivers of economic development," he said.

He said the two countries have great potential in transit transportation as the two countries handle only 100,000 out of 22 million containers shipped every year between Asia and Europe.

Putin said his country is poised for closer collaboration with Kazakhstan in transport and will take measures to boost trade. "We have a common customs border. We are able to provide a high level of traffic safety," he said. Endi