VLADIVOSTOK (Sputnik) — An agreement on the development of transport corridors between the Chinese north-eastern provinces and Russia's Far East is expected to be signed in December, Russian Minister for the Development of the Russian Far East Alexander Galushka said Monday.
"Last week, I held talks with the directorate of the Reform Commission of the People's Republic of China, during which we agreed to sign an agreement <…> on an extension of the transport corridors, connecting China's Northeast and the Russian Far East ports, primarily Primorye," Galushka said during a working meeting.
The development of international transport corridors, called Primorye-1 and Primorye-2, is expected to encourage trade and investment in Russia's Far East, as the improved transportation infrastructure will significantly increase cargo transit from China to ports in the Russian city of Vladivostok.