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Transport corridors of the Silk Road: analysis of recommendations for investments

The report specified the barriers associated with various constraints: infrastructure (for example, the development of the railway system); border-customs (for example, throughput of border crossings); administrative and legal (for example, customs formalities).

The report also contains recommendations for removing barriers to international freight transportation in China-EAEU-EU direction. The previous report of the EDB Centre for Integration Studies devoted to the New Silk Road establishes that, while maintaining the current trends of China in railway transportation in 2020, the container traffic in the China-EAEU-EU direction may reach 250,000 40-foot containers. At the same time, the growth of freight traffic in the long run will be limited by a number of internal and external factors (examples of barriers are indicated above). Therefore, it is needed to consider the possibility to attain the potential of trans-Eurasian transit.

A survey of European shippers showed that efforts are needed to popularize trans-Eurasian rail freight traffic in the China-EAEU-EU direction. This will help to attract additional freight flows from the EU to China and, accordingly, to reduce the share of empty containers. European companies do not have sufficient information on the advantages/conditions of transportation by trans-Eurasian transport corridors (delivery time, number of transport modes used, door-to-door delivery, cost of delivery), level of development of transport corridors, existing routes (primarily, railway ones).

The report also presents a number of promising areas of investments in the territory of the EAEU:

1) investments in alternative routes for the movement of container trains in the East-West direction (expansion of the use of St. Petersburg transport hub and transport and logistics infrastructure of the Kaliningrad Region);

2) creation of base transport and logistics centers in Russia, Kazakhstan and Belarus;

3) development of international freight transportation through the use of special containers/vehicle bodies (for chemicals and minerals), refrigerated containers (for transportation of food products).

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