newstodate.aero
May 17, 2016 (newstodate): Latvia is now hosting the first meeting of transport ministers of 16 Central and Eastern European countries and China, named 16+1.
The country has been designated as the group's logistics coordinator and hopes to land contracts with China as European hub for distribution of e-trade commodities coming in by various modes of transportation including sea and air for onward shipment to the European markets.
A project involving Riga Airport and Silk Way West has long been looming, comprising a massive logistics set-up at Riga Airport.
Member states in this format are China and 16 Central and Eastern European states: Albania, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Macedonia, Montenegro, Poland, Romania, Serbia, Slovakia, and Slovenia.
Also in the Baltic region, Estonia may already have gained an edge by landing an agreement in September 2015 with one of China's leading logistics companies, SF Express.
Under the LoI, the Estonian state-owned postal company Omniva will enter a joint-venture with SF Express to bring Chinese e-commerce goods into Tallinn Airport for onward distribution.
And in the third Baltic country, Lithuania, the logistics group Hoptrans is in the process of setting up new freighter flights from China to Kaunas Airport, also driven by the large and expanding volume of Chinese goods flowing in the e-trade lanes.
The country has been designated as the group's logistics coordinator and hopes to land contracts with China as European hub for distribution of e-trade commodities coming in by various modes of transportation including sea and air for onward shipment to the European markets.
A project involving Riga Airport and Silk Way West has long been looming, comprising a massive logistics set-up at Riga Airport.
Member states in this format are China and 16 Central and Eastern European states: Albania, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Macedonia, Montenegro, Poland, Romania, Serbia, Slovakia, and Slovenia.
Also in the Baltic region, Estonia may already have gained an edge by landing an agreement in September 2015 with one of China's leading logistics companies, SF Express.
Under the LoI, the Estonian state-owned postal company Omniva will enter a joint-venture with SF Express to bring Chinese e-commerce goods into Tallinn Airport for onward distribution.
And in the third Baltic country, Lithuania, the logistics group Hoptrans is in the process of setting up new freighter flights from China to Kaunas Airport, also driven by the large and expanding volume of Chinese goods flowing in the e-trade lanes.