bnn.lv Latviski   bnn-news.com English   bnn-news.ru По-русски
Tuesday 27.06.2017 | Name days: Malvīne, Malvis
LatviaLatvia

BATL: next trains from China may not come if there is no unified tariff policy

FaceBook
Twitter
Draugiem
print
(+1 rating, 1 votes)

Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RUThe signing of documents at the 16+1 summit in Riga is no reason for the government to become self-confident and assume the problems in the transit industry will resolve on their own. Latvia has to continue active, constructive talks with as many current and potential partners, including Russia and Belarus, as president of Baltic Association – Transport and Logistics Inga Antane told Dienas Bizness.

«Russian cargoes are leaving Latvia. This is the reality we face after twenty years of slumber. Latvian ports are already behind their neighbours cargo turnover-wise – our turnover has declined 13.5% in the first seven months of this year. Turnover of Klaipeda port has increased 4.2% in the same time period. Part of the cargoes from Ventspils has been diverted to Klaipeda. The reason for this is neither the geopolitical situation, nor in Russia’s desire to sink us. It is simple – Lithuania has managed to develop and offer a more favourable tariff plan for cargoes from Belarus.

It is clear Chinese cargoes will not be enough to replace Russian cargoes. Nevertheless, we have to seriously consider the word spoken by Chinese Prime Minister Li Keqiang during the 16+1 summit in Riga – that the first train will be followed by the next trains only if Latvia’s offer is deemed interesting for the Scandinavian market and as long as cargoes will be sent back to China,» – Antane said.

According to her, it is a very clear invitation and proof that Latvia has to develop an appropriate transit corridor and tariff offer, which BATL has called for multiple times. «Without a flexible, competitive and unified tariff policy, we may never see any new trains from China. Unfortunately, our cries fell on deaf ears, and Latvia failed to complete its homework before the summit. Instead the government decided to extend the development of the unified offer until 2018,» – Antane added.

She added that it is vital to continue cooperation with current and potential partners in specific projects. China has established the Great Stone industrial park in Belarus. It is clear that this project has a major role to play in the New Silk Road initiative to further enhance land connectivity between China and Europe. This is why cooperation with Belarus may prove crucial for Latvia’s transit industry.

«Small China [Great Stone complex] is located a mere 600 km away from Latvia. Whether or not we consider this distance and use the experience in attracting Chinese cargoes for our transit corridor depends in our ability to offer an attractive and appropriate offer for cargo flow to Scandinavia through Latvia’s ports. The question we should ask ourselves – is the offer of our ports more attractive than the offer of Klaipeda? The answer is quite simple – yes, but only as long as we come up with a unified corridor offer for a flexible and competitive tariff. We cannot afford to wait until 2018. Cooperation with Belarus and Great Stone should be priority number one for the government,» – Antane told Dienas Bizness.

Ref: 102.109.109.6789


Leave a reply

Latvian Transport Ministry signs memorandum with Chinese Xinhua news agency

Transport Ministry’s State Secretary Kaspars Ozolins and Xinhua Vice-President Liu Siyang signed a memorandum on cooperation for mutual exchange of information associated with transport and logistics sector, BNN was informed by the ministry.

Opinion: Latvia is behind other countries both politically and economically

«Unfortunately, often the desire of our politicians to defend national interests is on par with that of the American president in relation to activities of Russian hackers. When two transit companies asked the government to compensate income of EUR 8.3 million lost because of the government’s stance on Ventspils Freeport’s involvement in Nord Stream 2 project, those businessmen were immediately called shameless,» Dienas Biznes journalist Egons Mudulis comments the situation with Nord Stream 2 project in Latvia.

Trial against Yanukovych suspended in Ukraine

A court in Kyiv has suspended the trial against the former President of Ukraine, Viktor Yanukovych, over state treason charges. Kyiv Obolonskiy district court, Yanukovych's lawyers opposed the petition of state prosecutor Ruslan Kravchenko on the application of special judicial proceedings in the case in the absence of Yanukovych from court.

First share trading platform opens in Baltics

The first share trading platform in Baltic States – Shareswall portal – has officially opened.

Harmony comes to power in Daugavpils

With a majority of votes, Harmony’s candidate Andrejs Elksnins was elected as chairman of Daugavpils City Council on Monday, 26 June. This means this party is now in charge of two of Latvia’s largest cities.

Week in Lithuania. Lithuanian satellite launched to space

Lituanica SAT-2, a satellite developed by scientists of the Vilnius University and NanoAvionics company, was launched to space on a rocket from India on Friday, June 23.

Employers: to increase wages, tax rise must not be allowed

«Social and cooperation partners have taken active part in the development of tax reform guidelines. Nevertheless, the ruling coalition is taking its time with making this important decision. On top of that, the ruling coalition is ignoring opinions from employers and employees,» say Latvian Employers' Confederation.

Residents of fire unsafe London blocks asked to move out

Following the tragic London fire, local authorities are asking residents of fire unsafe tower blocks to move out, despite resistance from some residents.

LOS: chopping down trees while bird eggs are still in nests is intentional murder

Estimates presented by Latvian Ornithological Society show that every year more than 50,000 bird nests are destroyed by logging every year.

37.34 million euros – costs for inter-institutional information exchange

The costs of information exchange among state institutions are estimated around EUR 37.34 million, as stated by the State Chancellery.

Entire week expected to be rainy in Latvia

This week’s weather is expected to be volatile in Latvia. Air temperature this week will not exceed +25° C, according to the forecast from the State Environment, Geology and Meteorology Centre.

Italian government bails out two banks for billions of euros

The government of Italy has intervened in the country’s commercial banking system to bail out two vulnerable banks for a total of 5.2 billion euros.

BNN summary of the week: Latvia’s tax reform progress and gas pipeline project fights

BNN offers a summary of this week’s topical news in a variety of categories: Change; Decline; Future; Truth and Growth.

Real estate purchase «pain threshold» in Latvia – EUR 100,000

In relation to the possibility of purchasing a new home, Latvian residents view EUR 100,000 as the «pain threshold». The critical border for new project apartments is 1,300 EUR/m2. For standard apartments it is 1,000 EUR/m2. For private homes it is 1,600 EUR/m2, according to results of a study by PrivatBank.

Lembergs & Co. gathered to discuss «problems» of the high and mighty

Political businessman Ainars Slesers held a friendly discussion with his associates – Aivars Lembergs, Andris Ameriks, Janis Urbanovics, Janis Duklavs and Valerijs Kargins – at Ridzene Hotel. The group discussed toppling Valdis Dombrovskis’ government, replacement of multiple high-ranking officials and the possible sale of pieces of land within Riga Freeport’s territory, according to transcripts from the conversation published by Ir magazine and provided by anonymous sources.

Lithuania set to limit cash payments to 3,000 euros

The Farmers and Peasants-led Lithuanian Cabinet has approved a draft bill envisioning restrictions on use of cash, limiting the kind of settlements up to 3,000 euro.

Saeima establishes indexation increase for pensioners with high seniority

On Thursday, 22 June, Latvia’s Saeima approved Social and Employment Matters Committee’s prepared amendments to the Pension Law in two readings, ensuring greater pension indexation for multiple pensioner groups next year.

Romanian Parliament ousts Grindeanu government

The Romanian government of Prime Minister Sorin Grindeanu has not survived a no-confidence vote and has fallen after less than six months in power.

Rail Baltica agreement will allow trains to travel at 240 km/h

Saeima of the Republic of Latvia will soon ratify Rail Baltica agreement, which is expected to allow passenger trains to travel at a speed of 240 km/h instead of 120 km/h. Higher travel speed will also ensure cargoes from Tallinn reach Poland within two days.

Mamikins: Latvia is becoming a landfill for rich European countries

A very large fire took place at an illegal landfill in Jurmala this week. According to information from the State Environmental Protection service, the fire had engulfed 23 tonnes of waste, mainly plastic waste, says Latvian MEP Andrejs Mamikins.

Latvian businessmen use e-commerce opportunities for business development

With e-commerce volumes growing around the world, Latvian businessmen use it more and more often for business development, including exports of goods and services. As noted by DPD, the number of packages sent to foreign countries grew 22% last year.

Latvia wishes to change its state president’s election process

Reviewing proposals to change the state president’s election process, Saeima’s Legal Affairs Committee decided to submit proposals developed by the work group to different Saeima factions for review, as BNN was informed by Saeima’s press-service.

Coalition parties close to making final decision with tax reform; no more obstacles

Coalition parties no longer have any more differences of opinions in regards to tax reform principles. Parties are close to making the final decision, said Economy Minister Arvils Aseradens after the meeting with Finance Minister Dana Reizniece-Ozola.

Saeima plans to introduce personalized voter cards

For next year’s Saeima elections, voters who only have an ID card and no valid passport are planned to be provided with personalized voter cards.

Producer price level in industry up 0.4% in Latvia

Compared to April, the level of producer prices in Latvian industry grew by 0.4 % in May 2017. The prices of products sold on the domestic market increased by 0.3 %, whereas the prices of exported products grew by 0.5 %. The prices of products exported to euro area countries grew by 0.8 % and of products exported to non-euro area countries – by 0.4 %.

Newest comments