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 "Southern Silk Road" to allow free movement of goods between Europe and China, - Minister Pyvovarskyi

Minister of Infrastructure Andrii Pyvovarskyi believes the "Southern Silk Road," being an alternative to Russia's trade route, will ensure diversifying flows of goods from Baltic and Scandinavian states.

He said this to journalists on Friday in Illichivsk seaport, Censor.NET reports referring to Ukrinform.

"The new transit route from Ukraine to China via Georgia [the Black and the Caspian Seas - ed.] will provide a stable and smooth movement of goods between Europe and China as well as from all Asia. First of all, this transport corridor could be the key to diversifying trade flows from the Baltic states and Scandinavia on the basis of existing routes used by rail-road combined transport "Viking," "Bison," and "Podillia," the minister said.

See more: Yatseniuk showed 'Silk road' route bypassing Russia. INFOGRAPHIC

According to him, the export of goods by rail-road and ferry transport via the new route is carried out at the common preferential tariffs agreed by member countries, and this factor will also contribute to transport's loading by products originating from the European Community.

"Especially, given the unpredictable actions of the Russian government which curbed the transit of Ukrainian goods through its territory, ignoring the rules and principles of the World Trade Organization," Pyvovarskyi concluded.

Read more: Ukraine opens new transit route to China, bypassing Russia
 
 
 
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