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Eurasian Economic Union

Funds charged on heavy haulers to be spent for transport corridors construction — minister

The charge on the Russia’s federal highways for heavy-duty trucks with the weight over 12 tons was introduced on November 15

© Ruslan Shamukov/TASS Archive

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Russian minister proposes to boost trade between BRICS, Eurasian Economic Union

MOSCOW, November 25. /TASS/. Funds charged on heavy haulers will be particularly allocated for the Silk Road Economic Belt project and construction of transport corridors in the Eurasian Economic Union, Russia’s Minister of Transport Maxim Sokolov said on Wednesday.

"All the resources substituted from the Federal Road Fund will be allocated to support regional projects: public private partnership projects, construction of bridge crossings and projects for development of our transport corridors within the cooperation framework between countries of the Eurasian [Economic] Union and the Silk Road Economic Belt," the minister said.

The charge on the Russia’s federal highways for heavy-duty trucks with the weight over 12 tons was introduced on November 15. The toll calculation is made by the special system called Platon. Funds are transferred to the Federal Road Fund and will be spent for federal and regional road projects. Charges are expected to total 40 bln rubles ($611.4 mln) in 2016.

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