https://sputnikglobe.com/20161213/russia-mongolia-railways-transit-1048506137.html
Russian Railways Seeks to Ramp Up Transit Through Mongolia
Russian Railways Seeks to Ramp Up Transit Through Mongolia
Sputnik International
Russian Railways is seeking to attract additional cargo traffic to the Ulan Bator Railway, Russian Railways President Oleg Belozerov said at a meeting with... 13.12.2016, Sputnik International
2016-12-13T14:59+0000
2016-12-13T14:59+0000
2016-12-13T14:59+0000
https://cdn1.img.sputnikglobe.com/i/logo/logo-social.png
russia
mongolia
Sputnik International
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
2016
Sputnik International
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
News
en_EN
Sputnik International
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
Sputnik International
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
business, newsfeed, russia, mongolia, russian railways
business, newsfeed, russia, mongolia, russian railways
Russian Railways Seeks to Ramp Up Transit Through Mongolia
Russian Railways is seeking to attract additional cargo traffic to the Ulan Bator Railway, Russian Railways President Oleg Belozerov said at a meeting with Minister of Roads and Transport Development of Mongolia Dangaa Ganbat in Moscow.
MOSCOW (Sputnik) — Russian Railways manages a 50-percent stake in the Russian-Mongolian venture, Ulan Bator Railway Joint-Stock Company.
According to Russian Railways, Oleg Belozerov and Dangaa Ganbat discussed the operations and prospects of the Ulan Bator Railway, including the program to create a Russia-Mongolia-China economic corridor and the development of Mongolia’s potential for increasing transit cargo shipments.
30 November 2016, 10:41 GMT
They also agreed on the need for proactive trilateral cooperation involving China in order to create this Russia-Mongolia-China corridor.
Efforts to upgrade the Ulan Bator Railway are expected to increase its capacity so that it can satisfy domestic demand in Mongolia for the shipment of local goods, and promote transit shipments between China, Russia and Europe.
At the conclusion of the meeting, Oleg Belozerov and Dangaa Ganbat signed the minutes of the Ulan Bator Railway Joint-Stock Company shareholders’ meeting to approve the 2015 results and the distribution of dividends to Russia and Mongolia as the company’s shareholders.
