
Middle Corridor Drawing Interest Of European Partners - Kazakh President
"In 2023, freight transportation along the TITR surged by 65percent, reaching 2.8 million tons, with Kazakhstani exports seeinga remarkable 2.5-fold increase. Alongside exports, there's been anoticeable uptick in import cargo flow. This clearly underscoresthe interest of European companies in the Trans-Caspian route," heremarked.
Tokayev also highlighted the collaborative efforts made lastyear by the railway administrations of Kazakhstan, Azerbaijan, andGeorgia. They established Middle Corridor Multimodal Ltd., aimingto streamline logistics services through a "single window"approach, standardize tariff policies, and ensure transportstability along the TITR.
"Several European countries are eager to join this route, withsome already actively involved. Consequently, the significance ofthe South Caucasus in the Eurasian transport network has seen anotable uptick," added President Tokayev.
The TITR, also known as the Middle Corridor, serves as a vitallink between China and the European Union, traversing throughCentral Asia, the Caucasus, Türkiye, and Eastern Europe.
This multi-modal transport infrastructure seamlessly connectsferry terminals of the Caspian and Black Seas with the railwaysystems of China, Kazakhstan, Azerbaijan, Georgia, Türkiye,Ukraine, and Poland.
One of the key advantages of this transport corridor is itsability to deliver goods from China to Europe in just 20-25 days,making it an attractive option for shippers and businessesalike.

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.
Most popular stories
Market Research

- Manuka Honey Market Report 2024, Industry Growth, Size, Share, Top Compan...
- Modular Kitchen Market 2024, Industry Growth, Share, Size, Key Players An...
- Acrylamide Production Cost Analysis Report: A Comprehensive Assessment Of...
- Fish Sauce Market 2024, Industry Trends, Growth, Demand And Analysis Repo...
- Australia Foreign Exchange Market Size, Growth, Industry Demand And Forec...
- Cold Pressed Oil Market Trends 2024, Leading Companies Share, Size And Fo...
- Pasta Sauce Market 2024, Industry Growth, Share, Size, Key Players Analys...
Comments
No comment