International trade corridor tested
A pilot route to simplify international freight transportation across China, Mongolia and Russia hit the road in Tianjin on Thursday, aiming to boost economic cooperation and trade between the countries.
"The pilot trip is an effective trial to carry out the nations' top strategic plans in the transportation field, and also a move to deepen economic cooperation in the economic corridor through China, Mongolia and Russia," said Liu Xiaoming, vice-minister of transportation, adding that the pilot trip will coordinate freight transportation policies and standards in the economic corridor, aiming to simplify freight transport procedures along the route.
In July, China joined the TIR Convention, an international system allowing transportation of authorized goods through member states with-out being subject to customs inspections. It takes effect on Jan 5. Russia and Mongolia are already TIR member countries.