Belarus, Russia & Kazakhstan railways ink pact
A shareholder agreement was recently signed by the Russia-based joint stock company United Transport and Logistics Company – Eurasian Rail Alliance (UTLC ERA). The document indicates that the railway administrations of Russia, Belarus, and Kazakhstan intend to continue integrating transit transport by rail in the Eurasian Economic Union.
UTLC was established on 13 November 2014 by the railway administrations of Russia, Belarus, and Kazakhstan, each of which hold a 33.33% stake in the enterprise.
The company was founded to provide a full range of services for organising container haulage on the China—Europe—China corridor via the 1,520 mm broad gauge railway from the Kazakh-Chinese border to the Belarusian-European border. (ben)