Turkish trucks hit the road to China

Dünya Executive - - BUSINESS BY LAW - AYSEL YUCEL

In some rare good news last week, China has decided to open its land route for internatio­nal transport, signing its first agreement with Turkey. Turkish transporte­rs received their first 800 unit transport documents at the Turkey-China Land Route Workshop held in Beijing on August 8. “Turkey and China have huge logistic potential for each other. We aspire to transporta­tion links between China and Western countries,” Internatio­nal Transporte­rs’ Associatio­n (UND) Chairman, Recai Sen, said at the workshop, attended by officials from the Transport and Infrastruc­ture Ministry, Beijing Embassy, The Union of Chambers and Commodity Exchanges of Turkey, UND and the transporta­tion sector.

In 2017, a settlement was reached for a quota of 20,000 transit documents for bilateral transit and 10,000 for third-country handling as part of the internatio­nal road transport agreement signed between Turkey and China. 800 bilateral transit and 500 third-country transit documents were delivered to the Turkish delegation by the Chinese authoritie­s. “The current highway agreement signed between the two countries should take the approval from the Turkish parliament,” Sen said. “We have achieved significan­t gains with the delivery of the documentat­ion. With the approval of parliament, the Chinese market will be opened to Turkish transporte­rs.”

No v sa w ll be needed

China is the world’s largest exporter with $2.26 trillion in exports in 2017, a 7.9 percent increase in dollar terms over the previous year. Imports rose by 15.9 percent and reached $1.84 billion. “95 percent of China’s export shipments are carried by sea,” Sen noted. “The share of road transport is three percent ($68 billion.) But road agreements have not existed in previous years so cargo is sent by sea, which takes a much longer time. With the highway option, the transporta­tion of exports and imports between China and our country will be done in a much shorter time, an advantage for both our economies.”

Chinese authoritie­s confirmed that the Urumqi region, which is 90 kilometers inland from the Khorgos region on the Chinese border, is defined as a free zone and that Turkish carriers can carry on transporti­ng freight to and from that region without needing a visa.

Newspapers in English

Newspapers from Turkey

© PressReader. All rights reserved.