Transit Mongolia 2017 to be held in Beijing

Ulaanbaatar /MONTSAME/ The Ministry of Road and Transport Development in cooperation with Ulaanbaatar Railway Joint Venture Company is going to organize a forum named ‘Transit Mongolia -2017’ on April 7 in Beijing, China, assembling government, transport and customs organizations and companies that are part of Mongolia-China-Russia rail transport to discuss the existing problems insightfully. With the rail corridor through Mongolia being one of the international transportation corridors connecting Asia with Europe, the forum is considered highly significant due to its importance to development of transit transport between China and Russia and China and Europe. In 2016, Ulaanbaatar Railway Joint Venture Company transported 2.3 million tons of transit freight which constitutes 11 percent of total freight transport and 24.5 percent of transport revenue. The Transit Mongolia forum is being organized so as to increase the number of trains passing through Mongolian rail lines and amount of freight transported between Russia and China. The forum will see promotion of Mongolian rail corridor to transport companies from Russia and China and introduction of measures and policies being observed under the scope of ‘Mongolia-Russia-China Economic Corridor Program’.