The first trans-Eurasia container train linking China and Latvia arrived here on Saturday [5 November 2016] afternoon, marking a milestone in the history of the two countries’ cooperation in transport and logistics sectors…Full Article: China Daily Nov 2016
- The new railway link (~11,000 km) runs from Yiwu, Zhejiang Province, to Riga, Latvia (via Russia).
- In September 2016, Latvia’s Food Union (dairy producer) announced its expected construction of its yogurt factory in China to be completed by June 2017. In 2015, Food Union began exporting ice cream to China. During the same month, a cargo train route from Yiwu, Zhejiang Province, to Mazar-i-Sharif, Afghanistan, began operating.
- In June 2015, China’s Certification and Accreditation Administration (CNCA) granted export permission to 11 Latvian canned fish producers.
- In late May 2015, Russia banned imports of canned fish (e.g. canned sprats) from Estonia and Latvia over alleged food safety concerns.
- In August 2014, Russian banned agricultural imports, including fresh produce, from various Western countries over sanctions relating to the Ukraine crisis.
- In June 2014, officials from Latvia and China signed an agreement on quarantine and veterinary requirements regarding Latvian beef and mutton exports to China.
- Zhejiang China Commodity City Group (CCC Group) manages the Yiwu Market, a commodity market that primarily focuses on consumable and durable goods.
Hong Kong Trends