Said1
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Sign my up'a, I want to drive the turck!
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China launches new 'silk road' to boost trade with Europe
09.27.2005, 04:15 AM
BEIJING (AFX) - A caravan of trucks is scheduled to set off from Beijing today bound for Brussels as part of a pilot project to reestablish a new 'silk road' to boost trade between China and Europe, state media said.
The expedition is part of China's efforts to promote barrier-free road transport between China and Europe and rekindle the spirit of the ancient Silk Road, the China Daily said.
The pilot shipment of goods is expected to reach its final destination on Oct 17, after passing through the cities of Astana, Kazakhstan; Moscow, Russia; Riga, Latvia; Vilnius, Lithuania; Warsaw, Poland and Berlin, Germany.
'The activity aims to demonstrate that the barrier-free intercontinental transport of goods by road is workable,' Yao Mingde, president of the Chinese Road Transport Association, was quoted saying.
Trade between the 25-nation Europe Union and China is booming, with the EU being China's largest trade partner and China being the EU's second largest.
Most products are transported by ships.
While rapid growth in bilateral trade has increased the demand for road transport, barriers still exist.
To achieve trans-continental road transport, sound infrastructure including a good network of roads is required, as well as a mutually acceptable legal framework by countries along the route.
The project was initiated by the International Road Transport Union (IRU), the United Nations Economic Commission for Europe and the United Nations Economic and Social Commission for Asia and the Pacific.
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