Finland Backs Dev't Of Trans-Caspian Transport Route (Exclusive)
Date
2/23/2024 1:08:51 AM
(MENAFN- Trend News Agency) BAKU, Azerbaijan, February 23. Finland supports
the development of the Trans-Caspian International transport Route
(TITR, or Middle Corridor), a source in the Embassy of Finland in
Kazakhstan told Trend reports.
As the source noted, investments in the Middle Corridor benefit
both Finland and Finnish companies.
"Thanks to the Middle Corridor, transport routes are
diversified, and the transport times from Asia to Europe become
shorter," the source said.
Speaking about possible areas of economic cooperation with
Kazakhstan, the embassy pointed out that there are many areas with
potential for cooperation between the countries.
"These include green technology, mining, energy, logistics and
transport, education, and digitalization. One new field of
cooperation could be forestry. Finland is a very forest-covered
country, and we have vast experience on how to economically benefit
from forests in a sustainable manner. Another sector is waste
management, which Finland has extensive experience in," the source
noted.
The Middle Corridor is a transportation and trade route that
connects Asia and Europe, passing through several countries in the
region. It is an alternative route to the traditional Northern
Corridor and Southern Corridor.
The route starts in China and crosses Central Asian countries
such as Kazakhstan, Uzbekistan, and Turkmenistan. It then passes
through the Caspian Sea, Azerbaijan, Georgia, and Türkiye before
reaching Europe.
The Middle Corridor offers a land route that connects the
eastern parts of Asia, including China, with Europe, bypassing the
longer maritime routes.
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