The transportation trial between China, Russia and Mongolia is currently going well. An echelon of trucks has already run along the transit route from the Chinese Port of Tianjin via Ulaanbaatar and is now nearing the Russian city of Ulan-Ude. Nine trucks from three countries as well as 60 people are involved in the transit transportation trial.
The opening ceremonies of the trial have been held in Tianjin and UB; the closing ceremony will be held in Ulan-Ude on 24th August. At tomorrow’s ceremony delegations from three countries will evaluate the trial and discuss issues including the establishment of a joint logistics company, road transportation and constructing a new highway linking China, Mongolia and Russia.
The new transit transportation is expected to help increase trade volume by around 17-20% by 2020.