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Tag Archives: silk road

White Elephants on the Silk Road

The ruler of Siam (that is the king of ancient Thailand) could make, when falling into a bad mood, a “royal present” to his courtier: he would give him a white elephant which would ruin the unfortunate official due to the necessity of feeding the animal. It was not possible …

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This is how China’s New Silk Road Initiative could Impact European Trade

Much has been written about the Belt and Road initiative since Xi Jinping made it Beijing’s flagship initiative in September 2013. There are many interpretations of the initiative’s ultimate objectives, but one objective is clear. The belt and road scheme will bring huge improvements in regional and international connectivity through …

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Free Trade Agreement with China is a Historical Event

levan-kalandadze

Georgia has established free trade regime with China and this is a historical fact, economic expert Levan Kalandadze noted. “Free trade agreement with China  is a historical event without exaggeration, without exceptions, in  terms of not only economic aspects. This is the commencement of new opportunities, very serious and important …

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Ukraine to Reduce Cargo Transportation Tariffs on Silk Road

Ukraine to Reduce Cargo Transportation Tariffs on Silk Road

The Ukrainian Ministry of Infrastructure is taking measures to reduce the tariffs for the transportation of goods on China-Ukraine-European Union route within the “Silk Road” project. The corresponding agreement was reached by Ukraine and China after negotiations between government delegations and signing of the subcommittee protocol on trade and economic …

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China’s Silk Road Will Run Through Singapore

As the son of a man who journeyed from China to Singapore and founded a shipping business a half century ago, Teo Siong Seng sees his life as one immersed in the ancient trading networks of Asia. So the managing director of the Pacific International Lines Group is seeking to benefit as …

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Kazakhstan Called for the Shipping Companies to Use Georgian Corridor

Kazakhstan Called for the Shipping Companies to Use Georgian Corridor

Kazakhstan called for the shipping companies to use new Silk Road (via Georgia and Azerbaijan) while transporting cargo from Ukraine. “From July 1, Kazakh Investment and Development Ministry gives recommendation on cargo transport by the following rout: Georgia, Azerbaijan, Caspian Sea, Aktau, as well as Turkey, Iran, Turkmenistan and Uzbekista”, …

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China, Georgia Eye Greater Cooperation on Silk Road Economic Belt Initiative

China and Georgia agreed to conduct deeper cooperation on China’s initiatives of building Silk Road Economic Belt, vowing to speed up FTA negotiation. The consensus was reached during Chinese Vice Premier Zhang Gaoli’s respective meetingswith president and prime minister of the Trans Caucasian country. In the meeting with Georgian President …

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Silk Road Route Starts Transportation of Cargo Through Georgia

Georgian Railways declares, that route of 1 block-train is considered in per week at the starting stage, which should be increased for the future and bring different cargo in the mentioned corridor. Control train will perform its route in an agreed scheduled and frequency. Guram Guramishvili, deputy director of “Georgian …

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