Several More Countries May Join TITR Association - Secretary General
Date
6/10/2023 10:03:48 AM
(MENAFN- Trend News Agency) BAKU, Azerbaijan, June 10. The Association of
the Trans-Caspian International transport Route (TITR or Middle
Corridor) is considering the issues of entry of several countries
into this structure, Secretary General of the TITR Association
Gaidar Abdikerimov told trend .
According to him, the geography of this route is expanding and
Singapore, Bulgaria and Lithuania are expected to join the
association this month.
"Negotiations are underway with Austria, Austrian companies, and
Germany. All this gives us reason to expand the geography of our
corridor," he stressed.
Approximately five billion euro will be invested in the
infrastructure and process efficiency improvement of the TITR in
the next five years. This route plays a significant role in
integrating Central Asian producers with global markets in the
direction of Türkiye, North African countries, and Southern
Europe.
The purpose of this route is to facilitate the transit of goods
through countries such as China, Kazakhstan, Azerbaijan, Georgia,
Türkiye, Ukraine, Poland, and Romania. These eight countries have
been working together within the framework of the project since
2017.
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