Learnex, English Forever ¡Aprende Inglés para Siempre!
The SCO Agreement signed on 12 September 2014 in Dushanbe by the Russian Federation, Kazakhstan, China, the Kyrgyz Republic, Tajikistan, and Uzbekistan; and the UNESCAP Asian Highway Network Agreement between Russia, China and Mongolia signed on 8 December 2016 in Moscow are currently the most significant trade agreements. Within the framework of the SCO Agreement, six new international road transport routes are planned from 2017 to 2020, with the following expected to open in the Russian Federation:
Barnaul – Veseloyarsk (Russian Federation) / Auyl (Republic of Kazakhstan) – Semipalatinsk – Bakhty (Republic of Kazakhstan) / Bakhty (People’s Republic of China) – Tacheng – Kuitun – Urumqi.
In 2016 a new route for road transport operations from China through Kazakhstan opened for Russian carriers. The volume of goods transported by road between Russia and China subsequently increased by 22%. The growth in absolute volumes of exports resulted in an increase in their relative share from 53.1% in 2015 to 60.4% in 2017. In the last two years, Russian exports exceeded imports from China for the first time.
In 2016, the share of Russian road transport operators on the market was about 81% and the volume of cargo transported by them increased by 29%. Almost all of this growth is due to Russian exports. During the first half of 2017 the growth trend of bilateral road transport of cargo has continued. In general, the volumes increased by 13.7%.
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- What do you think about this agreement?
Welcome to this activity created by Learning Advisor Mr. Lisandro Coutiño from Coapa Branch. Take note of all the pink words, read the text, watch the video and answer the question in the comment section below.