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Wednesday 26.10.2016 | Name days: Kaiva, Amanda, Amanta

Latvia and China discuss coordination as part of 16+1 format

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Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RUDuring his meeting with Chinese Transport Vice-Minister Feng Zhenglin on 26 November, Latvian Transport Ministry’s state secretary Kaspars Ozolins discussed the matter of coordinating transport and logistical processes with China as part of the 16+1 format.

Ozolins informed his Chinese colleague about Latvia’s decision to take on the role of a transport and logistics coordinator in the 16+1 cooperation format between China and countries of Eastern and Central Europe. It will help improve the development of container-carrying trains between China and Europe with an emphasis on environment-friendly transport routes and the competitiveness of the New Silk Road, as reported by Transport Ministry.

Latvian Transport Ministry will be the coordinating institution that will compile information about cooperation within the 16+1 format, follow and take part in events organized as part of this format, represent the coordinating country and regularly communicate with other participating countries.

Ozolins said Latvia highly values China’s New Silk Road initiative, which is aimed at improving connectivity and cooperation on the Eurasian continent.

Because one of the goals of this initiative is to develop better land transport connectivity between China, Central Asia, Russia and Europe, the ministry’s state secretary said this initiative of the Chinese government will help stimulate transport development between Europe and Asia, as well as present Latvia with transit corridor advantages, especially in relation to effective distribution of Chinese goods in the Baltic Sea region. With that, Ozolins stated Latvia’s readiness to get involved in the realization of China’s initiative.

Latvian Transport Ministry’s state secretary also informed his Chinese colleague that the ministry has prepared offers for Belarus and China as strategic partners in Eurasian transport.

Officials also discussed multiple development and cooperation models of the New Silk Road initiative. In regards to China, officials emphasized multiple marine and land corridors. In regards to Baltic States, officials discussed cooperation options with Adriatic and Black Sea ports.

The 16+1 cooperation format provides for the development of international cooperation in fields like transport and logistics. 11 EU countries, including Latvia, 5 Balkan countries and China form the 16+1 format (Czech Republic, Estonia, Hungary, Latvia, Lithuania, Romania, Slovakia, Slovenia, Bulgaria, Croatia, Poland, Macedonia, Montenegro, Serbia, Albania, Bosnia and Herzegovina).


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