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Global Reach
07 Jun 2017

PJSC TransContainer and JSC Ulan Bator Raiways signed Memorandum of Cooperation

Subscription of Memorandum of Cooperation between PJSC TransContainer and JSC Ulan Bator Railways has taken place within the scope of Strategic Partnership 1520 Forum in Sochi on June 7, 2017.

In accordance with the subscribed document the Parties are intended to actively develop international rail Transportation equipment for shipping cargo via various means of transport. Containers are durable enough for repeated use and can be stacked. Containers are divided into medium-duty (three- and five-tonne), which conform to former Soviet Union standards and are still used for shipments in Russia and the CIS, and ISO (20- and 40-foot) containers, which are used for Russian and international shipments. The universal standard unit TEU (twenty-foot equivalent unit) was introduced to measure transport flow volumes.
transportations in order to attract additional volumes to routes through Russia and Mongolia. Moreover the Parties will take measures to optimize conditions and technologies of container transportations, among others by cooperation in the sphere of terminal and The process of organising a chain of delivery, and managing that chain in the broadest sense. This chain may encompass both deliveries of raw materials needed for production and management of material resources at an enterprise, delivery to warehouses and distribution centres, sorting, handling, and final distribution at the points of consumption. In the context of transportation services, the main service is that of delivering cargo across a delivery route.
network development.

The cooperation foresees active development of a through service in China-Mongolia-Russia and return directions and also enhancement of service technologies at Erenhot/Zamyn-Uud and Sukhe Bator/Naushki border crossing points in order to provide clients with quality service on the route and to reduce Freight passing from one country to another through a third country. Whether cargo is permitted to transit a certain country and under what terms is subject to trade agreements and treaties between countries. Direct transit is when foreign goods are shipped under tariff protection, without holding at a customs warehouse; indirect transit is when goods arrive at customs warehouses and are then transported abroad.
time of cargo delivery.

Damdinsuren Jigjidnyamaa, Head of Ulan Bator Railways, signed the document from the one part and Petr Baskakov, Director General of PJSC TransContainer, signed it from the other.

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