bnn.lv Latviski   bnn-news.com English   bnn-news.ru По-русски
Ceturtdiena 29.06.2017 | Name days: Paulis, Pauls, Pāvils, Pēteris
LatviaLatvia

Latvia can expect first cargoes from China to arrive this year

FaceBook
Twitter
Draugiem
print
(No Ratings Yet)

Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RUAttempts of Latvian politicians and businessmen to get a hold of cargo transports from China seem to be on the eve of fruition. At least this is promised by LDz President Edvins Berzins, who says that Latvia’s delegation returned with very good news from their visit to China, as reported by lsm.lv.

«If everything goes as planned, we can expect the arrival of the first cargo train from China in Riga this year. We may expect as many as 30 wagons. It will be a test drive, of course. But we do plan to initiate daily trains,« – admits LDz President Edvins Berzins. «I would say we have progressed further than ever with this. We have no other way – this opportunity has to be used!»

Berzins is happy about the outcome of last week’s meeting in Beijing – the signing of the agreement between Latvia’s and China’s railway companies. While up until now talks have been continuing about securing specific containers, now we can expect a train every day. «There could be regular train connectivity next year,» – Berzins added.

Riga Freeport is very expectant of cargoes from China. Cargoes from China could help compensate the 20% decline in cargoes handled by LDz and 11% at Riga Freeport.

Latvia is an interesting destination for the Chinese. Goods bound for Scandinavia can be sent by sea or railway to Germany’s Duisburg logistics centre to make the road to Riga cheaper.

Latvian Prime Minister Maris Kucinskis recently discussed this option with officials in Duisburg during his visit to Germany.

If cooperation turns out successful, Latvia can expect up to 300,000 containers from China every year, which would mean a considerable increase in the volume of goods handled by Latvian ports.

The situation is expected to become clearer in autumn, when prime ministers of European member states and China gather for a meeting in Riga.

LDz plans to develop transit of goods from factories located in China. There are multiple routes. The most direct route lies through Kazakhstan and Russia. There is also Belarus. The sea route takes at least 45 days, whereas railway transports, though more expensive, takes 15 or less days.

Ref: 102.109.109.8096


Leave a reply

Amid global ransomware cyberattack analysts point to Ukrainian accounting software

A number of cybersecurity firm analysts have noted that in this week’s international cyberattack, which has severely affected computer systems in Ukraine, has been linked to the Ukraine-built accounting and finance software MEDoc.

Bondars among defendants in the case for enforcement of 15 million euros from Krajbanka

Former parliamentarian and current member of Riga City Council Martins Bondars is among the defendants in the civil case for enforcement of EUR 15 million from seven former Latvijas Krajbanka board members.

Italy warns it could not allow in ships with migrants rescued at sea

The government of Italy has warned the European Union that the country may stop foreign ships from unloading migrants at Italian ports, because the migrant situation in Italy is deemed to be unsustainable.

Lithuania reaches gas delivery deal with U.S. firm

Lithuania’s gas trading company Lietuvos Duju Tiekimas has this week unveiled that it has sealed a contract to purchase liquified natural from the U.S.

Latvian state officials concerned – oligarchs’ talks only increase people’s distrust in politicians

If talks like that take place, it proves that society’s level of trust in politicians only increases, said Latvian President Raimonds Vejonis after his meeting with Prime Minister Maris Kucinskis on Wednesday, 28 June.

Otto Ozols: one of Latvia’s presidents was bought like pig at a market

«The saddest fact is that people with flat and shallow thinking have such enormous influence in Latvia,» Latvian publicist Otto Ozols comments on the situation about Ir magazine’s recent publication of secret talks that took place in Ridzene Hotel.

Construction costs in Latvia grew 0.2% in May

Compared to April, the level of construction costs in Latvia increased by 0.2 % in May 2017. Labour remuneration of workers grew by 0.4 %, maintenance and operational costs of machinery and equipment rose by 0.3 %, whereas prices of building materials increased by 0.2 %.

Residents are certain no new jobs will appear in municipalities after elections

68% or the majority of interviewed Latvian Residents are certain no new jobs will appear after municipal elections, according to results of a survey by CV Market.

LDz Council Chairman Ansis Zeltins approved as new Freeport of Riga CEO

The committee responsible for the selection of candidates picked LDz Council Chairman Ansis Zeltins as the best candidate.

Estonian court: Right to protection of family life also to same-sex couples

Estonian Supreme Court has established in a decision that same-sex couples also have the right to protection of family life, when the court detailed Estonian court jurisdiction in disputes over residence permits involving foreign nationals.

Dzintars losses have declined: can the company survive the crisis?

Compared with 2015, net turnover of Dzintars declined by 104,000 euros in 2016. The company’s losses, on the other hand have declined by 904,000 euros when compared with 2015, says the company’s board member Dagnija Maike.

Victims of Portugal’s forest fires let down by communications with rescuers

After the Portugal wildfires, in which 64 people died and 254 got injured earlier in the month, the government of Portugal has ordered an investigation into the operation of emergency communication operations as at least 10 emergency calls are reported to have failed to reach firefighters.

Latvian Shipping Company sells House of Press for 16.8 million euros

Latvian Shipping Company’s subsidiary LASCO Investment has sold House of Press to PN Project, which is managed by Lithuanian real estate and private capital company Lords LB Asset Management. The total value of the deal is EUR 16.8 million, as reported by LSC.

Latvia and other countries refuse to support proposal for energy efficiency

The proposal to add changes to the Energy Efficiency Directive has been approved, establishing a goal to reach 30% of energy saving within the European Union by 2030.

Netherlands ruled partly liable for 350 Srebrenica victims

In relation to the Srebrenica massacre, an appeals court in the Netherlands has for the most part upheld an earlier ruling that the Dutch state was liable for the deaths of 350 Bosniak men in the 1995 Srebrenica massacre.

Lembergs fails to chair third meeting of the new Ventspils City Council; this time he «lost his voice»

Although the slogan of Ventspils is ‘City with tomorrow’, little changes in the work of the local city council – the organizational process of meetings remains absurd and incomprehensible. For example, Aivars Lembergs, who is legally prohibited from performing his duties as Chairman of Ventspils City Council but has been elected as mayor regardless, could not chair the most recent meeting of the city council. The excuse he gave was that he lost his voice.

Multi-storey building at Zolitude Tragedy site sold at an auction for 3.9 million euros

The multi-storey building located at the site of Zolitude tragedy in Riga, Priedaines Street 20, has been sold at an auction for EUR 3.9 million, according to information published at eizsoles.ta.gov.lv.

Registration of social service providers employs «silence means consent» principle

From now on administrative practice of institutions responsible for social service providers will employ a «silence means consent» principle to reduce bureaucracy. This means if service providers do not receive a response to their application from a ministry by a specific date, service providers will be well within their rights to commence providing services, explains Welfare Ministry.

Experts: Latvia either does not use advantages offered by technologies

In spite of wide technological opportunities to create a powerful digital economy, Latvia either does not know how or simply does not use those advantages. This hurts the country’s competitiveness on the global market.

Estonia pushed to ban low nutritional value products from schools

Food and drinks with a low nutritional value and rich in calories should not be sold in schools, sets forth a bill drafted by the Estonian Social Affairs Ministry and the Minister of Health and Labour.

CEOs admit – it is getting harder and harder to find new workers

Study results show that 60% of businesses admit it is getting harder and harder to find workers. This marks more complex personnel selection processes for employers, which often costs more time and money.

Opinion: consumption of dairy products in Latvia continues to decline

Consumption of dairy products continues to decline in Latvia, says Food Union Vice-President for strategy and businesses development matters Normunds Stanevics.

Russian military incidents over Baltic Sea unprofessional, not hostile, says NATO general

Aviation incidents involving Russian war planes above the Baltic Sea are not clearly hostile against NATO, but are rather unprofessional, Chairman of the NATO Military Committee Gen. Petr Pavel has evaluated.

FCMC applies fines to three Latvian banks

Finance Capital and Market Commission in cooperation with United States Federal Bureau of Investigation found out that three Latvian banks – Baltikums Bank, Privatbank and Reģionālā investīciju banka – have not complied with requirements for combating money laundering and terrorism funding.

Role of NATO forces in Latvia’s state defence to be discussed in detail

On Tuesday, 27 June, Commander of Latvian National Armed Forces Major General Leonids Kalnins will meet with Lieutenant General Manfred Hofmann, who is the NATO's Multinational Corps North-East Headquarters Commander.

Newest comments

Do you have an acquaintance currently looking for a job?

View Results

Loading ... Loading ...

Polls Archive



Category feed: Feed: