Lithuania, Belarus and China will develop East-West transport corridor

Published: 21 October 2009 y., Wednesday

Kamštis gatvėje
Lithuania, Belarus and China will cooperate in the development of the initiative of the East-West transport corridor. This is provided by the joint declaration (Declaration), which was signed by Eligijus Masiulis, Minister of Transport and Communications of the Republic of Lithuania, Ivan Shcherbo, Minister of Transport and Communications of the Republic of Belarus, and Li Shenglin, Minister of Transport of the People's Republic of China, yesterday after the tripartite meeting at ASEM 2009, held in Vilnius for the first time.
 
"In technical and administrative regard, strong transport links of countries make crucial influence on their economic growth and improvement of transportation and trade relations. Therefore we have foreseen inviting all neighbouring countries, as well as those situated along the East-West transport corridor to join the common initiative for the creation of opportunities for competitive international transportation of goods" - said Eligijus Masiulis, Lithuania’s Minister of Transport and Communications. 
 
In the Declaration the Ministers emphasized the necessity for strengthening the cooperation between Asia and Europe in the development of transport infrastructure needed for land transport links and undertaking joint measures of transport policy, following the principles of transparency, mutual reliance and indiscrimination. 
 
Emphasizing the economic importance of the East-West transport corridor, the Ministers confirmed their objectives for creation of the transport system accessible to all countries involved and linking two continents - Asia and Europe. This corridor will provide a competitive transport and logistics chain for carriage of goods. 
 
The Ministers agreed on making efforts for closer cooperation of transport and logistics sector providing the basis for mutual trade and transport relations between Asia and Europe.

Šaltinis: www.lda.lt
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Many countries, one market

New rules for the EU's single market will make it easier to live and do business anywhere in Europe. more »

EU budget review – MEPs welcome new ideas but miss real revision

MEPs were disappointed that the Commission's EU budget review document had not sought the radical revision that the EU needs, they told Budgets Commissioner Janusz Lewandowski in a Policy Challenges Committee debate on Thursday. more »

The European Commission grants € 9.5 million to support the electoral process in the Central African Republic

On 25 October, the Commission adopted the decision to financially support the 2011 electoral process in the Central African Republic. more »

Crisis management in the banking sector

New EU framework for crisis management in the financial sector for managing problems before they spiral out of control. more »

Out of the crisis and towards European economic governance

The financial crisis laid bare the limits of self-regulation, demonstrating the need for strong EU economic governance, surveillance and policy co-ordination, say two non-legislative resolutions voted by Parliament on Wednesday. more »

1 181 former workers of Heidelberger Druckmaschinen AG to get help worth €8.3 million from EU Globalisation Fund

The European Commission has approved an application from Germany for assistance from the European Globalisation adjustment Fund (EGF). more »

Taxing the financial sector

Global and EU- level taxes on financial sector would help to fund international challenges such as development or climate change and fix the fallout from the global economic crisis. more »

EIB and African Development Bank finance first large-scale wind farm in Africa

The European Investment Bank and African Development Bank today agreed to provide EUR 45m to design, build and operate onshore wind farms on four islands in the Cape Verde archipelago. more »

2011 budget - MEPs make room for new policy priorities

MEPs want future EU budgets to accommodate new policy priorities as well as negotiations on new sources of financing. more »

Globalisation Fund: Budgets Committee backs aid to Portugal, the Netherlands, Spain and Denmark

The European Parliament's Budgets Committee on Monday backed EU funding for 3,731 workers in Portugal, the Netherlands, Spain and Denmark who were made redundant due to the closure of their companies. more »