(MENAFN- Trend News Agency) ASTANA, Kazakhstan, March 10. Switzerland has
stressed the importance of developing the transport sector in
Kazakhstan amid the growing role of the Trans-Caspian International
Transport Route (TITR or Middle Corridor), Federal Councillor, Head
of the Federal Department of Economic Affairs, Education and
Research of Switzerland Guy Parmelin said, Trend reports via the
Kazakh Foreign Ministry.
He made the remark during a meeting with Ambassador of
Kazakhstan Kairat Sarzhanov.
"The ambassador held a meeting with Parmelin to discuss current
issues of trade, economic, and investment cooperation between the
two countries. During the meeting, Parmelin particularly emphasized
the strategic significance of Kazakhstan's geographical location
and the importance of developing the transport and logistics sector
in light of the growing role of the Middle Corridor in ensuring
global food and energy security," the ministry said.
Parmelin confirmed Switzerland's readiness to expand cooperation
and explore new opportunities for economic collaboration with
Kazakhstan.
Sarzhanov briefed the Swiss official on the ongoing reforms in
the country, measures to improve the investment climate, and
expressed the openness of the Kazakh economy to European
businesses.
The TITR, or the so-called Middle Corridor, links the
containerized rail freight networks of China and the European Union
through Central Asia, the Caucasus, Türkiye, and Eastern
Europe.
A multilateral multimodal transport infrastructure links the
Caspian and Black Sea ferry terminals with the railway systems of
China, Kazakhstan, Azerbaijan, Georgia, Türkiye, Ukraine, and
Poland.
The Middle Corridor facilitates increasing cargo traffic from
China to Türkiye, as well as to European countries and in the
opposite direction.
A route train along this corridor delivers cargo from China to
Europe in an average of 20-25 days, and this is one of the main
advantages of this transport corridor.
Stay up-to-date with more news on Trend News
Agency's WhatsApp channel
MENAFN09032024000187011040ID1107956534
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.