(MENAFN- AzerNews) Perspectives of cooperation on the development of the
Trans-Caspian International Transport Route (TITR) were discussed
in the framework of“The corridor Caspian Sea – Black Sea and the
port of Constanta – the way to Europe” forum held in Romania.
The forum was co-organized by Constanta Port Business
Association and the Embassy of Kazakhstan in Romania.
The forum offered a platform for business, transport companies
representatives, and government officials representing Georgia,
Azerbaijan, Kazakhstan, and Romania to discuss the most pressing
issues regarding the development and implementation of the
route.
Other topics included the attraction of investments for
infrastructure projects and the simplification of the customs
procedures to streamline the transit of goods via the route.
Trans-Caspian International Transport Route, also known as the
Middle Corridor, is the key transport artery linking East and West.
The route gained prominence due to the geopolitical tensions in
Eastern Europe, which made businesses unable to use existing routes
via Russia. As Iran is heavily sanctioned, the Middle Corridor
became the only feasible option for ensuring the seamless
transportation of goods between Europe and Asia.
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