NEWS
MONGOLIA AND RUSSIA TO CREATE A FREE TRADE AREA.
It will be used to export Mongolian meat, cashmere, leather and wool without tariff and non-tariff barriers, Chairman of the State Great Khural of the Republic Gombozhavyn said. Zandanshatar .
In addition, from July 1, 2023, the border crossing - Sukhbaatar will start running 10 pairs of trains per day instead of the current eight.
Of the 10 trains through the border crossing since July, it is planned to pass five container trains daily (the sixth - by agreement). The Mongolian side, in turn, will form trains from empty tanks for transfer to Russia. Mongolian colleagues will also ensure the reception of long (at least 50 wagons) trains with timber cargo for recipients in China. Such trains will cross the Russian-Mongolian border every two days.
https://gudok.ru/newspaper/?ID=1638499&archive=2023.06.20
https://tass.ru/ekonomika/18099505
RUSSIA AND SAUDI ARABIA STRENGTHEN RELATIONS WITH RAILWAY DEAL.
It is reported that the railway companies of Russia and Saudi Arabia have entered into an agreement to expand the railway network of Saudi Arabia.
RDIF CEO Kirill Dmitriev said the agreement "...will contribute to the achievement of the ambitious goals of modernizing the existing railway network, building new transport routes and creating additional logistics opportunities for manufacturers and railway operators."
https://www.transportandlogisticsme.com/global-news/russia-saudi-tighten-ties-with-rail-deal
THAILAND STATED READINESS FOR NEGOTIATIONS ON A FREE TRADE AGREEMENT WITH THE EAEU.
Thailand is ready to start negotiations on concluding a free trade agreement with the Eurasian Economic Union (EAEU), the Kingdom's Foreign Ministry said.
Russian Foreign Minister Sergei Lavrov announced his support for the concept of the Greater Eurasian Partnership.
https://tass.ru/mezhdunarodnaya-panorama/18089975
KTZH TEMPORARILY PROHIBITES THE IMPORT OF JEANEROSINE BY RAILWAY FROM RUSSIA.
Kazakhstan Railways (KTZ) introduced a temporary ban on the import of jet fuel from Russia. The ban came into force on June 14 and will be in effect for a month. A request to ban jet fuel was made by the Ministry of Energy of Kazakhstan. The reason for the ban on the import of Russian jet fuel is its oversupply in the domestic market.
https://www.railfreight.com/railfreight/2023/06/20/ktz-bans-jet-fuel-rail-imports-from-russia/
QUEUES ON THE BORDER WITH LITHUANIA.
The queues on the border of Lithuania with Belarus are caused by the strengthening of control measures against circumvention of sanctions. About this on Thursday in an interview with radio station Ziniu Radijas said Minister of Communications and Transport of the Baltic Republic Marius Skuodis .
As the head of the department recalled, control measures will soon be tightened. "I do not think that in the near future we should expect an easing (of the regime) for crossing the eastern border. The procedures will become even more complicated," Skuodis said .
From July 3, the decision on the next tightening of the procedure for cargo transit through the territory of Russia and Belarus will come into force. 57 groups of goods are designated , during the transportation of which it is necessary to provide a declaration from the manufacturer. He, in turn, must indicate the seller (exporter) of the products and the buyer in a third country, and also promise not to unload , reload or resell the goods when traveling through the territory of the Russian Federation and Belarus.
https://tass.ru/mezhdunarodnaya-panorama/18086207
CENTRAL RUSSIA RETURNS EMPTY PACKAGES TO CHINA AT A DISCOUNT.
The rise in imports from China has led to a backlog of empty containers in Central Russia, and operators are now offering negative rental rates to bring containers back to the east. The rate includes a discount, which for the operators' own containers is $400-1100 when transported from Moscow to China in relation to the sender's containers. Analysts warn that this situation will persist in the medium term. However, market participants note that the situation is not unique and repeats from year to year during periods of accumulation of containers in the Russian Federation.
In particular, for the transportation of cargo in a 40-foot container owned by the operator to China from Moscow, the operator will give the client a discount of $400-1100, while transporting from St. Petersburg and Yekaterinburg - up to $400. There is also a discount on certain domestic routes for the transportation of goods in the operator's containers: Moscow-Vladivostok - 50-120 thousand rubles, Moscow-Novosibirsk - 50-70 thousand rubles.
https://www.kommersant.ru/doc/6055330
RZD UPGRADES AN IMPORTANT INSTC TRAFFIC TERMINAL.
Russian Railways will allocate 400 million rubles (approximately 4.4 million euros) for the modernization of the Volga cargo terminal in the Volgograd region. The modernization will include the lengthening of the crane runway and the expansion of the container yard. The Russian company expects to increase its capacity by 1.7 times to 561 TEU. The work is aimed at improving traffic management along the International North-South Transport Corridor (INSTC).
https://www.railfreight.com/railfreight/2023/06/22/rzd-upgrades-important-terminal-for-instc-traffic/
CARGO TRANSPORTATION THROUGH A NEW CONTAINER HUB NEAR ASTRAKHAN WILL BEGIN IN SEPTEMBER 2024.
Currently, in the port special economic zone, a contract has been concluded for the supply of a crane to the eighth and ninth berths, warehouses for grain shipment under a temporary scheme have been built and other work has been completed.
The first stage of the port SEZ will be a modern terminal for receiving container and general cargo, as well as oil and grain terminals. The total capacity is about 3 million tons of cargo per year. Investments of residents in the first stage will amount to more than 3 billion rubles. The second phase involves the construction of a new cargo area in the Zaburunny ilmen area with the creation of about 18 berths. In total, the amount of declared investments by the current residents of the port SEZ for the implementation of projects of the first and second stages is 29 billion rubles, the press service added.
An intergovernmental agreement on the creation of a multimodal North-South transport corridor was signed by Russia, India and Iran in 2000. Later, the list of participants expanded to 14. The goal of the project is to attract the transit of cargo flows from India, Iran and the Persian Gulf countries through Russian territory to Europe.
https://tass.ru/ekonomika/18037223
CONTAINER TRADE BETWEEN RUSSIA AND INDIA ON THE RISE.
Trade ties between the two countries are flourishing and container traffic is predicted to continue to grow in the future.
Russia's largest container carrier FESCO , which owns a fleet of more than 30 vessels, estimates the prospects for transported containers for this year at 89,000 TEU , while last year the value was 76,000 TEU . In February, the company added a new Asian line focused on India.
According to official statements made after the St. Petersburg Economic Forum, it is predicted that by 2040 the turnover of containers between Russia and India will reach 760,000 TEU , while now it is 140,000 TEU . The two countries are reportedly currently negotiating a free trade agreement.
https://indiaseatradenews.com/container-trade-between-russia-and-india-on-boom/
A SHIPPING LINE MAY BE OPENED BETWEEN CARACAS AND PETERSBURG.
Venezuela plans to strengthen ties with Russia in the field of maritime communication. In particular, it is possible to open a shipping line between the ports of St. Petersburg and Caracas. The head of the Venezuelan Ministry of Transport, Ramon, spoke about this at the SPIEF. Celestino Velazquez Araguyan .
“In the shipping sector, we are strengthening our relations every day, because the idea is to establish, as we did in the field of air transport between Moscow and Caracas, communication between the ports of St. Petersburg and Caracas,” the minister noted.
https://spb.mk.ru/social/2023/06/17/mezhdu-karakasom-i-peterburgom-mogut-otkryt-sudokhodnuyu-liniyu.html
RUSSIA IS STUDYING VARIANTS OF TRADE AGREEMENTS WITH ALGERIA.
The agreements can be implemented both in the format of a free trade zone within the EAEU with partners in the union, and in the form of a bilateral format between countries.
“In terms of creating a free trade zone for goods at the EAEU-Algeria level, we, for our part, are ready to consider various format options - we can agree on all import duties, we can consider the possibility of limited product coverage and we will continue to make a decision. We have already traveled this path with Iran. The issue of trade in services is the level of bilateral relations between non-Eurasian countries,” said Maxim Reshetnikov, Minister of Economic Development of the Russian Federation.
https://tass.ru/ekonomika/18036953
EAEU COUNTRIES SIGNED A PLAN OF ACTIONS FOR THE DEVELOPMENT OF ELECTRONIC DOCUMENT FLOW IN MARINE CHECKPOINTS.
By the end of the year, the parties agreed to approve coordinated approaches to the use of digital solutions and high technologies in the EAEU countries.
“With colleagues, we discussed the issues of electronic document management at maritime checkpoints and signed an action plan for its further development, -noted Maxim Reshetnikov.– The use of digital technologies and a complete transition to electronic document management will significantly increase the efficiency of maritime checkpoints. Shipments will be cleared much faster .”
https://www.economy.gov.ru/material/news/strany_eaes_podpisali_plan_meropriyatiy_po_razvitiyu_elektronnogo_dokumentooborota_v_morskih_punktah_propusk.html
RENT OF WAREHOUSES IN THE REGIONS IS RAISE DUE TO THE LACK OF SPACE .
Analysts fixed the minimum volume of new construction. Against the backdrop of growing demand, the vacancy rate reached its lowest levels, and rental rates rushed up. So, in the first months of 2023, 154 thousand square meters were put into operation. m of warehouse real estate, which was the lowest since 2011, when for the same period the volume of commissioning amounted to 109 thousand sq. m. m.
Against the backdrop of low volumes of new construction, the shortage of supply in the regions of Russia remains: most of the facilities planned for commissioning in the coming year have already been rented or sold to the end user.
At the same time, analysts expect that by the end of 2023 the indicator will recover and show a minimal drop in comparison with the historical record in terms of commissioning in 2022 (1.5 million sq . m). New construction in 2023 will amount to 1.1-1.2 million square meters. m.
The geography of new projects is actively expanding in the context of the reorientation of cargo flows to new directions, experts add. In this regard, it is expected to intensify the growth of new regional hubs (Tyumen, Irkutsk, Krasnoyarsk, Perm, Volgograd).
https://rg.ru/2023/06/07/arenda-skladov-v-regionah-dorozhaet-iz-za-snizheniia-obemov-stroitelstva.html
THE VERCHNY LARS CHECKPOINT WILL RESUME OPERATION AFTER RECONSTRUCTION.
The Verkhny Lars checkpoint on the border with Georgia has resumed operation after repair work - the checkpoint has been expanded to 39 lanes, of which 15 are for freight transport. The department claimed that the capacity for trucks will increase from 1.2 thousand to 1.5 thousand vehicles per day.
https://www.rbc.ru/society/15/06/2023/648918669a79471ceec83206
It will be used to export Mongolian meat, cashmere, leather and wool without tariff and non-tariff barriers, Chairman of the State Great Khural of the Republic Gombozhavyn said. Zandanshatar .
In addition, from July 1, 2023, the border crossing - Sukhbaatar will start running 10 pairs of trains per day instead of the current eight.
Of the 10 trains through the border crossing since July, it is planned to pass five container trains daily (the sixth - by agreement). The Mongolian side, in turn, will form trains from empty tanks for transfer to Russia. Mongolian colleagues will also ensure the reception of long (at least 50 wagons) trains with timber cargo for recipients in China. Such trains will cross the Russian-Mongolian border every two days.
https://gudok.ru/newspaper/?ID=1638499&archive=2023.06.20
https://tass.ru/ekonomika/18099505
RUSSIA AND SAUDI ARABIA STRENGTHEN RELATIONS WITH RAILWAY DEAL.
It is reported that the railway companies of Russia and Saudi Arabia have entered into an agreement to expand the railway network of Saudi Arabia.
RDIF CEO Kirill Dmitriev said the agreement "...will contribute to the achievement of the ambitious goals of modernizing the existing railway network, building new transport routes and creating additional logistics opportunities for manufacturers and railway operators."
https://www.transportandlogisticsme.com/global-news/russia-saudi-tighten-ties-with-rail-deal
THAILAND STATED READINESS FOR NEGOTIATIONS ON A FREE TRADE AGREEMENT WITH THE EAEU.
Thailand is ready to start negotiations on concluding a free trade agreement with the Eurasian Economic Union (EAEU), the Kingdom's Foreign Ministry said.
Russian Foreign Minister Sergei Lavrov announced his support for the concept of the Greater Eurasian Partnership.
https://tass.ru/mezhdunarodnaya-panorama/18089975
KTZH TEMPORARILY PROHIBITES THE IMPORT OF JEANEROSINE BY RAILWAY FROM RUSSIA.
Kazakhstan Railways (KTZ) introduced a temporary ban on the import of jet fuel from Russia. The ban came into force on June 14 and will be in effect for a month. A request to ban jet fuel was made by the Ministry of Energy of Kazakhstan. The reason for the ban on the import of Russian jet fuel is its oversupply in the domestic market.
https://www.railfreight.com/railfreight/2023/06/20/ktz-bans-jet-fuel-rail-imports-from-russia/
QUEUES ON THE BORDER WITH LITHUANIA.
The queues on the border of Lithuania with Belarus are caused by the strengthening of control measures against circumvention of sanctions. About this on Thursday in an interview with radio station Ziniu Radijas said Minister of Communications and Transport of the Baltic Republic Marius Skuodis .
As the head of the department recalled, control measures will soon be tightened. "I do not think that in the near future we should expect an easing (of the regime) for crossing the eastern border. The procedures will become even more complicated," Skuodis said .
From July 3, the decision on the next tightening of the procedure for cargo transit through the territory of Russia and Belarus will come into force. 57 groups of goods are designated , during the transportation of which it is necessary to provide a declaration from the manufacturer. He, in turn, must indicate the seller (exporter) of the products and the buyer in a third country, and also promise not to unload , reload or resell the goods when traveling through the territory of the Russian Federation and Belarus.
https://tass.ru/mezhdunarodnaya-panorama/18086207
CENTRAL RUSSIA RETURNS EMPTY PACKAGES TO CHINA AT A DISCOUNT.
The rise in imports from China has led to a backlog of empty containers in Central Russia, and operators are now offering negative rental rates to bring containers back to the east. The rate includes a discount, which for the operators' own containers is $400-1100 when transported from Moscow to China in relation to the sender's containers. Analysts warn that this situation will persist in the medium term. However, market participants note that the situation is not unique and repeats from year to year during periods of accumulation of containers in the Russian Federation.
In particular, for the transportation of cargo in a 40-foot container owned by the operator to China from Moscow, the operator will give the client a discount of $400-1100, while transporting from St. Petersburg and Yekaterinburg - up to $400. There is also a discount on certain domestic routes for the transportation of goods in the operator's containers: Moscow-Vladivostok - 50-120 thousand rubles, Moscow-Novosibirsk - 50-70 thousand rubles.
https://www.kommersant.ru/doc/6055330
RZD UPGRADES AN IMPORTANT INSTC TRAFFIC TERMINAL.
Russian Railways will allocate 400 million rubles (approximately 4.4 million euros) for the modernization of the Volga cargo terminal in the Volgograd region. The modernization will include the lengthening of the crane runway and the expansion of the container yard. The Russian company expects to increase its capacity by 1.7 times to 561 TEU. The work is aimed at improving traffic management along the International North-South Transport Corridor (INSTC).
https://www.railfreight.com/railfreight/2023/06/22/rzd-upgrades-important-terminal-for-instc-traffic/
CARGO TRANSPORTATION THROUGH A NEW CONTAINER HUB NEAR ASTRAKHAN WILL BEGIN IN SEPTEMBER 2024.
Currently, in the port special economic zone, a contract has been concluded for the supply of a crane to the eighth and ninth berths, warehouses for grain shipment under a temporary scheme have been built and other work has been completed.
The first stage of the port SEZ will be a modern terminal for receiving container and general cargo, as well as oil and grain terminals. The total capacity is about 3 million tons of cargo per year. Investments of residents in the first stage will amount to more than 3 billion rubles. The second phase involves the construction of a new cargo area in the Zaburunny ilmen area with the creation of about 18 berths. In total, the amount of declared investments by the current residents of the port SEZ for the implementation of projects of the first and second stages is 29 billion rubles, the press service added.
An intergovernmental agreement on the creation of a multimodal North-South transport corridor was signed by Russia, India and Iran in 2000. Later, the list of participants expanded to 14. The goal of the project is to attract the transit of cargo flows from India, Iran and the Persian Gulf countries through Russian territory to Europe.
https://tass.ru/ekonomika/18037223
CONTAINER TRADE BETWEEN RUSSIA AND INDIA ON THE RISE.
Trade ties between the two countries are flourishing and container traffic is predicted to continue to grow in the future.
Russia's largest container carrier FESCO , which owns a fleet of more than 30 vessels, estimates the prospects for transported containers for this year at 89,000 TEU , while last year the value was 76,000 TEU . In February, the company added a new Asian line focused on India.
According to official statements made after the St. Petersburg Economic Forum, it is predicted that by 2040 the turnover of containers between Russia and India will reach 760,000 TEU , while now it is 140,000 TEU . The two countries are reportedly currently negotiating a free trade agreement.
https://indiaseatradenews.com/container-trade-between-russia-and-india-on-boom/
A SHIPPING LINE MAY BE OPENED BETWEEN CARACAS AND PETERSBURG.
Venezuela plans to strengthen ties with Russia in the field of maritime communication. In particular, it is possible to open a shipping line between the ports of St. Petersburg and Caracas. The head of the Venezuelan Ministry of Transport, Ramon, spoke about this at the SPIEF. Celestino Velazquez Araguyan .
“In the shipping sector, we are strengthening our relations every day, because the idea is to establish, as we did in the field of air transport between Moscow and Caracas, communication between the ports of St. Petersburg and Caracas,” the minister noted.
https://spb.mk.ru/social/2023/06/17/mezhdu-karakasom-i-peterburgom-mogut-otkryt-sudokhodnuyu-liniyu.html
RUSSIA IS STUDYING VARIANTS OF TRADE AGREEMENTS WITH ALGERIA.
The agreements can be implemented both in the format of a free trade zone within the EAEU with partners in the union, and in the form of a bilateral format between countries.
“In terms of creating a free trade zone for goods at the EAEU-Algeria level, we, for our part, are ready to consider various format options - we can agree on all import duties, we can consider the possibility of limited product coverage and we will continue to make a decision. We have already traveled this path with Iran. The issue of trade in services is the level of bilateral relations between non-Eurasian countries,” said Maxim Reshetnikov, Minister of Economic Development of the Russian Federation.
https://tass.ru/ekonomika/18036953
EAEU COUNTRIES SIGNED A PLAN OF ACTIONS FOR THE DEVELOPMENT OF ELECTRONIC DOCUMENT FLOW IN MARINE CHECKPOINTS.
By the end of the year, the parties agreed to approve coordinated approaches to the use of digital solutions and high technologies in the EAEU countries.
“With colleagues, we discussed the issues of electronic document management at maritime checkpoints and signed an action plan for its further development, -noted Maxim Reshetnikov.– The use of digital technologies and a complete transition to electronic document management will significantly increase the efficiency of maritime checkpoints. Shipments will be cleared much faster .”
https://www.economy.gov.ru/material/news/strany_eaes_podpisali_plan_meropriyatiy_po_razvitiyu_elektronnogo_dokumentooborota_v_morskih_punktah_propusk.html
RENT OF WAREHOUSES IN THE REGIONS IS RAISE DUE TO THE LACK OF SPACE .
Analysts fixed the minimum volume of new construction. Against the backdrop of growing demand, the vacancy rate reached its lowest levels, and rental rates rushed up. So, in the first months of 2023, 154 thousand square meters were put into operation. m of warehouse real estate, which was the lowest since 2011, when for the same period the volume of commissioning amounted to 109 thousand sq. m. m.
Against the backdrop of low volumes of new construction, the shortage of supply in the regions of Russia remains: most of the facilities planned for commissioning in the coming year have already been rented or sold to the end user.
At the same time, analysts expect that by the end of 2023 the indicator will recover and show a minimal drop in comparison with the historical record in terms of commissioning in 2022 (1.5 million sq . m). New construction in 2023 will amount to 1.1-1.2 million square meters. m.
The geography of new projects is actively expanding in the context of the reorientation of cargo flows to new directions, experts add. In this regard, it is expected to intensify the growth of new regional hubs (Tyumen, Irkutsk, Krasnoyarsk, Perm, Volgograd).
https://rg.ru/2023/06/07/arenda-skladov-v-regionah-dorozhaet-iz-za-snizheniia-obemov-stroitelstva.html
THE VERCHNY LARS CHECKPOINT WILL RESUME OPERATION AFTER RECONSTRUCTION.
The Verkhny Lars checkpoint on the border with Georgia has resumed operation after repair work - the checkpoint has been expanded to 39 lanes, of which 15 are for freight transport. The department claimed that the capacity for trucks will increase from 1.2 thousand to 1.5 thousand vehicles per day.
https://www.rbc.ru/society/15/06/2023/648918669a79471ceec83206