In a groundbreaking move set to transform the landscape of international trade, Kazakhstan, China, and Belarus have inked a pivotal agreement to develop joint logistics services, according to Report.
“Kazakhstan JSC KTZ Express, Chinese company Xi’an Free Trade Port Construction and Operation Co., Ltd.” and the Belarusian Unionway LLC signed a Memorandum of Intent to develop joint logistics services. The document was signed on June 25 in Shanghai as part of the Transport logistic China 2024 exhibition,” reads the message.
In particular, the parties agreed to join forces by creating a logistics terminal at the Svisloch station in Belarus for the processing and distribution of goods transported along the China-Europe route and in the opposite direction.
“This step is an important stage in the development of transport infrastructure and the creation of new opportunities to increase the transit potential of Kazakhstan,” notes the Ministry of Transport.