Tallinn Port, CCOEC Sign Cooperation Agreement
News: Estonia's Port of Tallinn entered into a cooperation agreement with state agency China National Corporation for Overseas Economic Cooperation (CCOEC) on November 15. The agreement has been designed to offer assistance to the industrial parks of the Tallinn Port for Chinese exporting companies. Under the cooperation agreement, CCOEC will roll-out the opportunities provided by the Port of Tallinna Sadam to Chinese enterprises that are mulling over foreign investment by utilising its established network of contacts. CCOEC's network of contacts in China significantly raises visibility of industrial parks situated in the Tallinn Port on an extremely significant Chinese market, according to the board's chairman, Ain Kaljurand.
BMI View: The Port of Tallinn's largest harbour is Muuga, which handles about 80% of the port's total cargo volumes and processes around 90% of all transit cargo passing through Estonia.