Abstract
The fundamental importance of an integrated international multimodal transport system has been clearly recognised. The identification and development of well functioning transport relations on the basis of existing transport corridors and networks requires properly defined, formalised, and coordinated joint actions among the relevant countries, international institutions and organisations. The geographical position of Lithuania has determined that the country is crossed by the two European transport corridors approved at the Conferences of the European Transport Ministers in Crete and Helsinki, creating ability for Lithuania in trade between EU and Asia. Paper presents an overview of recent changes in world economy and international trade emphasizing the growing importance of European ‐ Asian relations. Then analysis of existing transport links assuring possible ways for freight movements between these two regions are examined and method for the comparison of transportation alternatives based on corridor utility is presented. Finally, some key development trends towards the strengthening of Lithuanian transport system role in the context of European‐Asian trade relations are discussed.
Highlights
The world economy is expanding rapidly for the fifth year in a row
The Pan-European Corridor II along with the Trans-Siberian railway and the North-South corridor, which serves as a Eurasian extension of the Pan-European Transport Corridor IX, constitute main routes of transport in the Transport strategy of the Russian Federation
Bearing in mind that the EU is the main trade partner for the Russian Federation and the most significant cargo flows between the Russian Federation and the EU are directed through the central ports of the Baltic Sea a need for further modernisation of Lithuanian land transport infrastructure and port facilities is obvious
Summary
The world economy is expanding rapidly for the fifth year in a row. Today’s global economy driven by the liberalisation of trade in goods and services affects countries in different ways, generating changes in traditional trade and logistics patterns in order to cope with growing international competition. Statistics shows that trade between Europe and Asia has accelerated sharply in recent years, partly as a result of the development of East Asian countries, mainly China, and as a result of the emergence of the economies of Russia and the countries of Central Asia, see World. This has caused a wider geographical dispersal of trade flows, what is crucially important for defining the main routes for international trade between Asia and Europe for trade between the two continents, and for trade between major centres in the interior of the continent of Eurasia. Maritime transport’s monopoly on trade between Europe and Asia what causes increasing problems with land access to sea ports.
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