Latvian Stevedoring Company Association has signed a cooperation memorandum with a non-commercial organization Directorate for International Transport Corridors (DITC) created by the Ministry of Transports of the Russian Federation.
By signing the memorandum the two parties have agreed to develop and strengthen mutual professional cooperation, study and analyze modern trends in transit and logistics business, port operations and development of international transport routes.
Additionally, the parties have agreed to exchange information.
Latvian and Russian representatives outlined the following prime directions in order to implement the goals of the memorandum:
– Exchange information about projects in which both sides are participants, including the development of the Pan-European transport corridor and North-South Transport Corridor;
– Participation in expert work groups for transit and logistical business development topics, as well as topics related to sea port operations and international transport corridors;
– Latvian and Russian representatives coordinate their participation in other joint projects. (BNN/Business World Magazine)
