New customs rules result in 25% fall of Reni port cargo turnover

Cargo turnover of Reni port (Ukraine) decreased by 25% after new customs rules were introduced at Ukraine-Moldavia border in March 2006. According to IA Reporter, this information has been provided by Alexander Golokoz, head of the board on marine economy complex, transport and communication under Odessa region administration. According to him, cargo turnover of Reni port may decrease by 25% more if Moldavia government approves raise of tariffs for railway transportation. In this case re-orientation of the port is possible, though Alexander Golokoz says he hopes Ukraine and Moldavia Transport Ministries take reasonable decision. He also added, that regardless the negotiations results it is necessary to build Izmail-Reni railway branch for the port development.