Kazakhstan plans new China-Russia transit route
NewsKazakhstan is developing a new trade route from China to Russia via the Irtysh River, with a port and railway planned, aiming for completion by 2026.
“The economic recovery is well underway and world output levels have improved notably. In April, the IMF’s World Economic Outlook projected global economic growth of 4.3% in 2010, compared to -0.5% in 2009. This is welcome news for the transportation industry, both internationally and in Russia, as transportation is inherently tied to macroeconomic factors and global trade.
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