European Council adopts regulation on visa liberalization for GeorgiaWorld February 27, 12:20
Defense Ministry confirms Iran successfully test-fires sea-launched cruise missileMilitary & Defense February 27, 12:06
Kazakhstan's leader says Moscow, Astana achieved perfect relations over 25 yearsWorld February 27, 11:55
Diplomat says military presence in Iraq unacceptable without authorities’ permissionRussian Politics & Diplomacy February 27, 11:20
Ex-finance minister does not rule out income tax hike for boosting Russia’s budget revenueBusiness & Economy February 27, 11:13
Putin says Astana talks set up mechanism for monitoring Syrian ceasefireRussian Politics & Diplomacy February 27, 10:54
Russian diplomat believes Kurds need to join intra-Syrian talks in GenevaRussian Politics & Diplomacy February 27, 10:11
Russian combat engineers continue mine clearance operation in eastern AleppoMilitary & Defense February 27, 8:46
‘Moonlight’ takes Oscar for best picture instead of earlier announced ‘La La Land’Society & Culture February 27, 8:25
“Railway cargo transportation is geopolitical business,” he said. “The results largely depend on international political relations. Sanctions have an adverse effect on this business.”
According to Asmann, this year has seen a trend for decline in transportation volumes, mainly in petroleum products. The chief executive predicted an up to 25% fall equivalent to 6 million tonnes — €15 million a year in monetary terms.
“Until now, the company’s operations and investments had been financed from transit income. If the flow ceases, we’ll have to look for alternative sources”, Asmann said. Passenger transportation is the most likely replacement: “Passengers will have to pay a fair price for use of infrastructure.