From September 21st to 24th the 16th International Transport Corridor Development Forum and Exhibition TRANSTEC 2021 took place in St. Petersburg, Russia. Representatives both from Latvian transport and logistics industry and the Ministry of Transport participated in the exhibition and forum with the aim of strengthening cooperation and developing new business opportunities.

 “Despite the fact that for various reasons there has been a decrease in the flow of cargo from Russia in recent years, Russia is still and will be one of Latvia’s main partners in the field of transit.  The industry is actively working to find new development perspectives, which is much more than just cargo transit, ”comments Uldis Reimanis, Head of the Latvian delegation and Deputy State Secretary of the Ministry of Transport.

In addition to participating in the business forum, U. Reimanis met with Yuri Petrov, Head of the  Transport Working Group of the Latvian-Russian Intergovernmental Commission, to discuss topical issues of cooperation and agree on the organization of the next Transport Working Group meeting.

The Latvian transport and logistics industry participated in the event under  “VIA LATVIA” brand, including  SJSC Latvijas Dzelzceļš, the Freeport of Riga and the Freeport of Ventspils.

The TRANSTEC Forum has been organized since 1994 and traditionally brings together representatives of public authorities, professional associations, research centers and transport companies.  TRANSTEC has established itself as an event that develops and maintains an international B2B ("business to business") expert dialogue that promotes practical international cooperation.

Taking into account  current trends and the need to introduce innovations, modern logistics and management schemes, form large multimodal nodes, as well as to ensure safe transport connections, the topic of the forum has been significantly expanded.  This year, the forum covers topics such as railways, road transport infrastructure, inland waterway development and digitalisation in the transport sector.