China, ROK signs joint land-sea transport deal

JINAN - China on Tuesday signed its first joint land and sea transport agreement with the Republic of Korea to cut logistics costs and boost trade.The agreement was signed in Weihai city in east China"s Shandong province.Under the agreement, semi-trailers loaded with cargo can be shipped between several ports in China and the ROK beginning next year, said Ju Chengzhi, director of the international cooperation department with China"s Ministry of Transport.The agreement also allows for trailers to be shipped, Ju said, without giving a specific date for when this would begin.The pilot ports include Qingdao, Rizhao, Yantai, Weihai, Longyan and Shidao in Shandong, as well as Incheon, Pyungtack and Kunsan in the ROK.The ports might later include locations such as northeast China" s Liaoning province, said Ju.

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