Eurasian Economic Union's cabotage transportation liberalization program in for approval by 1 July
MOSCOW. KAZINFORM - The program for liberalizing cabotage transportation in the Eurasian Economic Union is supposed to be approved by the heads of state by 1 July 2015, BelTA learned from Tair Mansurov, member of the Board (Minister) for Energy and Infrastructure of the Eurasian Economic Commission, on 12 March.
The draft program on the gradual liberalization of cabotage transportation in the Eurasian Economic Union was approved by the Board of the Eurasian Economic Commission on 10 March. The program describes cargo transportation by road by a forwarding agency, which is registered in a Eurasian Economic Union, between destinations located in another Eurasian Economic Union member state, as cabotage transportation.
The liberalization program provides for four stages. Initially the forwarding agency will be able to perform one cabotage trip per annum in specified bordering areas. Later on both the number of trips and the list of the available territories will be increased until all the restrictions are removed in 2025.
Tair Mansurov said that the main purpose of the liberalization program is to form a common market of automobile transportation services in the Eurasian Economic Union and to facilitate access of forwarding agencies of the member states to providing cargo transportation services across the Union regardless of citizenship and the country of registration. The program is also supposed to reduce the share and length of empty mileage, reduce transport costs of consumers, improve the performance of vehicles in international cargo transportation, and enable conditions for bona fide competition on the market of automobile transportation services, BelTA reports.