Kazakhstan plans new China-Russia transit route

EU Member States have voted to impose tariffs on Chinese battery electric vehicles (BEVs) as talks with Beijing continue.

Germany-based Rhenus Group has signed a declaration of intent with Kazakhstan’s NC Aktau Sea Commercial Port JSC to develop an intermodal terminal in Aktau, Kazakhstan

Under new rules from the US Trade Representative, ship-to-shore cranes ordered before May 14, 2024, and arriving by May 14, 2026, will avoid a 25% tariff on imports from China.

Government imposes 100% tariff on EVs and 25% tariff on some steel products from China.

Under China’s new subsidy scheme, shipowners can receive financial support for scrapping vessels aged between 15-30 years depending on the vessel type, as well as investing in alternative vessel propulsion.

The New Silk Road, popularly known as part of China’s Belt and Road Initiative, is helping world trade avoid world trouble spots, including overland alternatives to hazardous maritime routes