Port Of Baku, Kazakhstan Railways Ink Memorandum Of Cooperation
Date
8/24/2022 8:09:53 AM
(MENAFN- AzerNews)
By Sabina Mammadli
A memorandum of cooperation was signed between the port of Baku
and Kazakhstan Railways, Azernews reports.
According to this memorandum, a number of agreements were
reached on the issues of further increasing multi-modal
transportation along transcontinental Asia-Europe routes,
developing mutual business cooperation in the field of transport
and logistics, and applying innovative solutions in the fast cargo
transportation sector.
The document was signed within the framework of Minister of
Kazakhstan's industry and Infrastructural Development Kairbek
Uskenbayev, the country's Energy Minister Bolat Akchulakov, and
Chairman of the Board of Directors of Kazakhstan Railways National
Company Nurlan Sauranbayev's visit to the Central Office of the
Baku International Sea Trade Port CJSC (Port of Baku).
During the visit, the guests met with the leadership of the Port
of Baku and discussed the existing areas of cooperation between it
and the ports of Kazakhstan, especially the strengthening of
bilateral relations in the field of logistics and the
implementation of possible joint projects.
The cargo turnover between the ports of both countries continues
to increase. In the first seven months of this year, the volume of
cargo transportation from Kazakhstan through the Port of Baku
exceeded one million tons, which is 219.1 percent more than in the
same period in 2021.
Meanwhile, according to a tweet by Governor of the Central Bank
of Azerbaijan Taleh Kazimov, he met up with Governor of
Kazakhstan's Astana International Financial Centre Kairat
Kelimbetov.
'We discussed future cooperation opportunities between the
Central Bank of Azerbaijan and Astana International Financial
Centre,' Kazimov said.
It is worth noting that Kazakh President Kassym-Jomart Tokayev
arrived in Baku on an official visit on August 24.
The trade turnover between Azerbaijan and Kazakhstan amounted to
$332.2 million in 2021.
--
Sabina Mammadli is AzerNews' staff journalist, follow her on
Twitter: @SabinaMmdl
Follow us on Twitter @AzerNewsAz
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