After the official visit by Deputy Minister of Transport and Communications of the Republic of Lithuania Arijandas Šliupas, aimed on increasing the cooperation with People's Republic of China, Chinese media evaluated the Lithuanian scope to establish stable, constructive and mutually beneficial business relationship positively, the Ministry of Transport and Communications said.
Railway
© Shutterstock nuotr.

"Tracks of friendship were laid at the China-Lithuania: Silk Road Economic Belt forum, which also marked the launch of the Beijing office of JSC Lithuanian Railways," highlights China Daily.

The newspaper underlined that located in the Baltic region, Lithuania is a major crossroad connecting the trade routes between the East and the West. In addition, as one of the largest transportation companies in the European Union, Lithuanian Railways is ideally suited to expand the railway network between Asia and Europe.

During an interview given by Arijandas Šliupas, the Deputy Minister of Transport and Communications of the Republic of Lithuania expressed high expectations for the new Beijing office of JSC Lithuanian Railways. According to the Deputy Minister, the new representative office will help Lithuania to understand better the characteristics of Chinese transport and logistics sector.

According to China Daily, China is proposing to co-construct a new Silk Road Economic Belt with the help of all Eurasian countries. Last year, the trade volume between the EU and China reached nearly USD 560 billion.

According to experts, railway transport can save time and money i.e. it only takes one to two weeks to transport cargoes between European countries and China and the rail service is cheaper compared with air transport and shipping by sea.

Be raštiško ELTA sutikimo šios naujienos tekstą kopijuoti draudžiama.
Leave a comment
or for anonymous commenting click here
By posting, you agree to terms
Read comments Read comments

Lithuania's budget gets EUR 4 mln of "nobody's money" after FNTT probes

4 million euros, officially recognized as having no owner, have been transferred to the state budget...

Lithuanian govt hopes papal visit will encourage religious tourism

Lithuania's government hopes the upcoming papal visit will encourage religious tourism in the country...

Lithuania ahead of Latvia, Poland, but behind Estonia on social progress index

The social environment in Lithuania is better than in Latvia and Poland, but worse than in Estonia,...

PM to invite European retailers to invest in Lithuania

Lithuanian Prime Minister Saulius Skvernelis says he plans to invite 12 European major retail chains...

Akmenė awaiting ground-shaking investment

Lithuania's northern district of Akmenė barely lags behind other cities in Šiauliai County in terms...