Russian FESCO Spills Beans On Volume Of Container Traffic Heading To Uzbekistan (Exclusive)
Date
1/19/2025 2:05:53 AM
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, January 19. The Russian FESCO
(Far-Eastern shipping Company) transportation group, as the sole
operator of regular container trains between the port of
Vladivostok and Tashkent, has transported more than 75,000 TEUs (a
unit of measurement for container shipping) since 2014, a source in
FESCO told Trend .
Every month, the company rolls out around five trains on this
track, ferrying imported goods from China, South Korea, Japan, and
Southeast Asia. On the whole, each train hauls about 130-150 TEUs,
adding up to roughly 750 TEUs each month.
At the end of December 2024, FESCO sent its 500th container
train from Vladivostok to Tashkent, continuing to develop rail
logistics between Russia and Uzbekistan. The company also handles
the transportation of export goods from Uzbekistan, which are then
shipped via the port of Vladivostok to China and Southeast Asia by
sea.
To note, Uzbekistan is set to implement a groundbreaking zero
value-added tax (VAT) rate for an array of services associated with
international freight transportation.
The proposed measure will cover transportation and forwarding
services, as well as other operations under the relevant
agreements, including receiving and transferring cargo, as well as
storage and handling operations; organizing cargo insurance;
customs documentation for goods and vehicles; providing cargo
search services in case of delivery delays; storage in warehouses
and open areas; and providing wagons and containers for use.
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