Agreement on cooperation within the framework of the project Europe-western china international transit corridor signed at St. Petersburg forum

On June 18, during St. Petersburg international economic forum, Chairman of the State company “Russian highways” Sergei Kelbakh, Interim President of the Republic of Tatarstan Rustam Minnikhanov, Head of Bashkortostan Rustem Khamitov, Governor of Orenburg region Yuri Berg and Managing Director of OAO “Federal center of project financing” Ilya Ponomarev signed Agreement on cooperation within the framework of the project Europe-western china international transit corridor.

The new Europe-western china international transit corridor “St.Petersburg-Kazan-Orenburg-Aktyubinsk-Almaty-Khorgos” is the most convenient way with the minimum amount of countries and borders. The corridor will go through traditional trade route of Russia and European countries. It will favour development of relations between European countries and Russia, Kazakhstan, and other countries of Middle and South-East Asia, and help using transit communications of Russia for international transit.

By 2020, formation of the corridor St.Petersburg-Moscow-Vladimir-Nizhny Novgorod-Kazan-Orenburg-the border of Kazakhstan is expected to be finished.