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Freight forwarding Alert: ①: the Philippines will expand trade and investment cooperation / ② Iran and Russia to discuss the alliance "Article Suez Canal."

1 Philippines will expand trade and investment cooperation

Minister of China and the Philippines together, said the South China Sea dispute will not affect the economic, trade and investment cooperation between the two countries, both sides agreed that the South China Sea issue will not affect bilateral relations.

According to Xinhua News Agency, Chinese Minister of Commerce Gao Hucheng said that after Vientiane with the Minister of Trade and Industry of the Philippines Ramon Lopez met, both countries have the ability to think through bilateral negotiations and consultations with the Chinese National Association of Southeast Asian (ASEAN) between South China Sea dispute resolution mechanisms.

Gao added that the meeting also focused on how to restore and further develop economic and trade relations between the two countries.

According to the Indian Express reported that the 48th ASEAN Economic Ministers Meeting in Vientiane kicked off last Wednesday, Gao Hucheng and Ramon Lopez agreed between the two countries should restart China - Philippines Joint Economic and Trade Commission, to restore the economic and trade cooperation between the two countries.

Gao also said that the new Philippine government has repeatedly expressed its willingness through bilateral channels and direct dialogue, to improve relations with China to create favorable conditions for bilateral trade.

2 Io alliance "along the way" to discuss "Article Suez Canal."

Many foreign media quoted Iranian Foreign Minister Mohammad Javad Zarif said on Monday, Iran, Russia and Azerbaijan in Baku, Azerbaijan, the three leaders to discuss North-South transport corridor (NSTC) project to the last detail.

August 5, Russian President Vladimir Putin said it is on the North-South transport corridor project consultation, the project will provide India, Iran and other countries to provide the best opportunity to transport goods to northern and western Europe.

North-South transport corridor project was first proposed in 2000 by the India, Russia and Iran, the proposed ships, rail and road, etc., established by the South Asia through Central Asia, the Caucasus, Russia reach European freight corridors, since the beginning of Mumbai, India, after Iran Bandar Abbas, capital of Azerbaijan, Baku, and as far as Moscow and St. Petersburg in Russia, and finally to the Nordic countries.


All along, the Suez Canal is an important channel of international oil transportation routes. 2013, oil-exporting Gulf countries once reached the Suez Canal to the north 79% of total oil transportation.

Russian Railways Logistics Company believes that compared to the line through the Suez Canal, the new line will transport time reduced from 40 days to 14 days, the cost will be greatly reduced.

Oil prices continue to fall, Iran, Russia and Azerbaijan's oil revenues suffered winter; sluggish demand in western markets, India and the surrounding regions by their owners.

The line will strengthen ties in Asia, Africa and Latin American countries, Iran, Russia and Azerbaijan to boost the economy thus get a new selection, India and other countries and regions will also open up new markets.

Putin on Friday to Azerbaijan State News Agency Azertac expressed the hope that Iran and Russia establish a free trade zone as soon as possible. The two countries this year 1-- May trade guarantees 70% to $ 855 million, the total bilateral trade reached $ 1.6 billion currently.

PressTV quoted analysts said the line will be an alliance of China's "Silk Road Economic Belt" provide opportunities China always holds that "area" program will contribute to economic growth and "Pacific Dreams" can be realized.

For Iran, the North-South transport corridor program and China's Silk Road Project are on the "Look East" policy has a role in promoting.

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