Kazakhstan and Vietnam to transport cargoes to EEU, Europe through China

ASTANA (TCA) — On February 20 in Hanoi, the head of Kazakhstan’s national railways company Kazakhstan Temir Zholy (KTZ) Kanat Alpysbayev held talks with the Minister of Transport of Vietnam Truong Quang Nghia and General Director of Vietnam Railways Vu Ta Tung on bilateral transport cooperation, KTZ’s press service said.

The meeting was attended by representatives of the Association of exporters of agricultural products of Kazakhstan and Kazakhstan’s Food Corporation.

After the meeting, Kazakhstan Temir Zholy and Vietnam Railways signed a Memorandum of cooperation in the field of logistics and international transport, particularly for organization of container transportation from Vietnam with transit through China and Kazakhstan to the markets of the Eurasian Economic Union countries and in the future to Europe and back.

In the framework of the Agreement on a free trade zone between the EEU and Vietnam, it is planned to increase trade from 4 billion up to 10 billion US dollars by 2020.

The Kazakh railways company recently organized a pilot sending of grain through the Kazakh-Chinese container terminal in the port of Lianyungang (China) to the port of Ho Chi Minh city in Vietnam.

The talks also discussed organization of transportation of Kazakhstani products to Vietnam and tropical and seafood products from Vietnam to Kazakhstan.

The parties also called for an increase in the supply of agricultural products, which will have a positive impact on the growth of cargo traffic between Kazakhstan and Vietnam.

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Times of Central Asia