Russia says China lifts restrictions on railroad cargo imports

ANI
15 Jan 2022, 03:18 GMT+10

Moscow [Russia], January 14 (ANI): The Russian Railways (RZD) company has been notified by Chinese authorities that the restriction on cross-border cargo deliveries, imposed on November 30 as part of COVID-19 measures, no longer applies starting Friday, local news reported.

"We received an official notification from Beijing that China Railway is lifting the restrictions on acceptance of goods through railroad border crossings starting today. They were introduced in early December 2021 as part of enhanced prevention and control measures against COVID-19," RZD said, according to Sputnik News Agency.

Exempt from the rule is unprocessed timber, whose export was suspended on January 1, the Russian company said, adding that almost all timber trains that got stuck at the Russian-Chinese border have already been redirected to domestic buyers.

"In the past month and a half, an average of 6-7 container trains went to China through )(the Russia city of) Zabaykalsk. We expect to increase the traffic as the restrictions are now lifted," RZD said, the news agency reported.

In early December, the deputy chairman of the Russian Association of Railway Rolling Stock Operators, Denis Semenkin, told Sputnik that the Chinese restriction could cost Russian suppliers multi-million losses if extended until 2022, it added. (ANI)

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Breaking Property News.

More Information

27 ℃

Mostly Cloudy in Seletar

International Business

Section

As world economy slows, price of copper falls

LONDON, England: Despite a recent rebound, speculators in the international copper market, considered an indicator of the world's economic health, ...

Russian Central Bank reports economy down 4% in second quarter

MOSCOW, Russia: Financial information released by the Rosstat federal statistics service this week indicated that Russia's economy shrank 4 percent ...

Officials hopeful as UK consumer confidence rises

LONDON, England: A survey conducted by YouGov and consultancy Cebr reported that UK consumer confidence slowly rose in July, after ...

DFM enables DGCX brokerage companies to provide derivatives trading and clearing services for the first time

DUBAI, 15th August, 2022 (WAM) -- Dubai Financial Market (DFM) today announced that it has obtained the approval of the ...

Pakistan may borrow another USD 2.8 billion from IMF under Saudi Arabia's SDR quota: Report

Islamabad [Pakistan], August 15 (ANI): Pakistan claimed that Islamabad has been able to borrow up to USD 2.8 billion against ...

Is the Pakistan Army Chief's visit to Sandhurst a strategic shift away from China and towards the West?

Sandhurst [United Kingdom], August 15 (ANI): The visit of Pakistan Army Chief General Qamar Javed Bajwa to the Royal Military ...

Construction

Section