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An Analysis on Logistics Conditions and Freight Demand of International Corridors in Eurasia (Ⅱ)

An Analysis on Logistics Conditions and Freight Demand of International Corridors in Eurasia (Ⅱ)

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Author Jongwon SEO et al. Date November 30, 2017
Publisher The Korea Transport Institute Page(s)
Download Basic-RR-17-10.pdf
Recently, the trend of the world economy is gradually spreading from free trade movements to protectionism. These changes seem to be influencing the US Trump government, the US-centered protectionism and the expansion of anti-immigration, and the European division due to Brexit and refugee problems. In addition, with the fourth industrial revolution, the trend of reshoring in the manufacturing sector has spread in developed countries and the movement of trade volume mainly in the US and Europe is slowing down. Also, as the center of the world economy moves to the Eurasian region, there is a growing interest in arranging measures for smooth trade activities among the Eurasian regions.

In terms of geographical characteristics, Korea is required to promote the TKR connection and the connection with the Northeast Asia International Land Transport Route and the improvement of the border crossing system with the relevant countries for the project to construct the Eurasian International Transport Corridor. However, relations between Northeast Asian countries surrounding the present Korean Peninsula are at a stage of crushing more than ever due to political reasons such as North Korea's nuclear test and the problem of THAAD placement. Nevertheless, the need for connection with Eurasia continent is continuously increasing through long-term TKR, TCR, and TSR connections for the common prosperity of Northeast Asia and Korea's economic growth.

In this study, we surveyed the domestic logistics companies for various obstacles in the international logistics process of Eurasia, which was presented in the first year study, to identify more specific obstacles and to implement strategies

First of all, the necessity of construction of international transportation by Eurasia and the current status and the prospect of utilization of Eurasia international land transportation in Korea were reviewed and analyzed. Then, domestic logistics companies have identified the severity of major obstacles faced in the use of Eurasia as an international transportation and solved the urgent priority among each of the detailed obstacle factors. Based on this, we propose 15 strategies for effective utilization of Eurasia international transportation and investigated and analyzed the priorities of response strategies that the Korean government would like to implement promptly in terms of domestic logistics companies.

Finally, we proposed three types of support projects that can be implemented shortly at the present time among the government's response direction and support strategies that are sought to be pursued in accordance with the results of the surveys conducted in Korea.