The FINANCIAL — According to RIA Novosti, the first Asia-Europe Transport Development Forum, initiated by Lithuania, will begin on October 19 in Vilnius.
"The main aim of the forum is to provide a business-driven approach towards the development of transportation between Europe and Asia," the official website of the forum said.
A total of 200 participants, including international transport organizations, such as the International Road Transport Union and the Community of European Railway and Infrastructure Companies, and major Europe-Asia transport business enterprises are to take part in the forum.
According to the official website, the main task for the forum is "to identify new challenges for Euro-Asian transport and logistics business, provide suggestions for improvement of its competitiveness and highlight the role of the transport sector in stimulating the global economy."
The forum will take place in parallel with the first ASEM Transport Ministerial Meeting, in which ministers or their representatives from 33 European and Asian states are to take part.
Lithuanian Transport and Communications Minister Eligijus Masiulis said the meeting shows that Lithuania can be an "initiator of global business processes."
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