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SJSC “Latvijas dzelzceļš” signs memorandum of understanding with Uzbekistan Railways to strengthen cooperation in freight transportation

A delegation from Uzbekistan Railways and its subsidiary is visiting SJSC “Latvijas dzelzceļš” this week to continue talks on development of cooperation in freight transportation, logistics and rolling stock maintenance.

During the visit, SJSC “Latvijas dzelzceļš” Chairman of the Board Māris Kleinbergs and Uzbekistan Railways Deputy Head Akmal Kamalov on Thursday, August 18 signed a memorandum of understanding, which confirms a mutual commitment to maintaining and increasing freight volumes by active market analysis, providing proposals for increasing competitiveness of rail transport, organizing experience exchange in the modernization, repair and maintenance of rolling stock, and carrying out other activities to increase freight transportation volumes between Latvia and Uzbekistan.

SJSC “Latvijas dzelzceļš” Chairman of the Board Māris Kleinbergs: “We see a potential in increasing railway freight volumes between Latvia and Uzbekistan, taking into account our cooperation to date, the current interest of both companies, and work already under way to attract more freight. Much like in Latvia, changes are currently taking place in Uzbekistan that are aimed at increasing the use of rail transport and replacing road transport with railways in freight transportation.”

During this week, representatives of Uzbekistan Railways subsidiary that specializes in provision of freight transportation services were meeting “Latvijas dzelzceļš” Group’s subsidiaries “LDZ Loģistika” Ltd. and “LDZ Ritošā Sastāva Serviss” Ltd. and visited NVVT terminal, Riga Universal Terminal, Freeport of Ventspils and Liepāja Special Economic Zone.