PJSC TransContainer and Korean company Pantos Logistics signed a memorandum of cooperation in the margins of Eastern Economic Forum.

The document is signed by Viacheslav Saraev, CEO of PJSC TransContainer, and Youngho Lee, President of Pantos Logistics.

The Russian and Korean companies intend to invest heavily into cooperation projects in the field of intermodal container transportation in accordance with the current legislation of South Korea and Russia and on the principles of mutual benefit.

The Parties are planning to organize intermodal container transportation on the route South Korea / China — Uzbekistan, Russia, Europe, Kazakhstan. The Companies are also going to develop transport and logistics products for automotive industry of the Republic of Uzbekistan, as well as to develop new container transportation routes and to attract new customers to the joint services.