The strategic importance of having diversified trade routes in the rupture era of geopolitics
These routes are not just some plan B, C, D, their importances may rise to become a plan A 2 as political instability plague many traditional sea routes.
Given that approximately 40 per cent of total cargo between China and Europe is high-value product, the Trans-Eurasian Land Bridge offers new opportunities for rail to win traffic from the air and sea transport sector. The work of the CCTT and the Belt and Road Initiative are enhancing these opportunities.
The Trans-Eurasian Land Bridge offers opportunities to improve Trans-Eurasian trade and manufacturing processes based on a high-performance railway pipeline that links the strategic logistic hubs of the main socio-economic mega-regions of Europe and Asia.
The Middle Corridor has emerged as the fastest and most direct trade route between China and Europe, reducing distances by approximately 2,500 kilometers compared to the Northern Corridor. Transit times range from 10 to 15 days, significantly improving upon traditional routes, which required anywhere from 15 to 60 days. By circumventing Russia, the corridor offers an opportunity to enhance supply chain resilience and mitigate risks associated with trade restrictions.
Some of these routes offer significantly faster delivery times compared to traditional maritime transport, with rail journeys taking roughly 15-20 days compared to 30-45 days by sea, aiding industries requiring quicker turnaround, such as electronics and automotive parts.
Read also:
https:// www.globalrailwayreview.com/article/75791/trans-eurasian-one-belt-one-road
https://www.geopoliticalmonitor.com/the-middle-corridor-a-route-born-of-the-new-eurasian-geopolitics/
