Kazakhstan Temir Zholy and Vietnam Railways signed a memorandum of cooperation for the development of transport projects. The two sides discussed about the organization of container transport via Vietnam by transit through China to Kazakhstan to the markets of the EurAsEC and in the future to Europe and back.
Under the Agreement on free trade zone with the Eurasian Economic Union, Vietnam intends to increase the foreign trade from USD 4 billion to USD 10 billion by 2020, which will be an indicator of increase in volumes of import and export cargoes in the future.
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