Trans-Caspian Route May Significantly Enhance Eurasia's Cooperation - Tokayev

(MENAFN- Trend News Agency) ASTANA, Kazakhstan, May 23. The Trans-CaspianInternational transport Route has the potential to significantlyenhance Eurasian cooperation, serving as the shortest and mostsustainable LINK from Central and Eastern Asia to Europe, saidPresident of Kazakhstan Kassym-Jomart Tokayev, as he addressed theclosing ceremony of the Kazakh-Singapore Business Forum, Trend reports.

"We believe Singaporean companies and financial institutions canreap significant benefits by exploring business and investmentopportunities in this area. Additionally, I welcome theprivatization of our airline Qazaq Air to the Vietnamese SOVICOGroup, which will bolster air connectivity between Kazakhstan andASEAN countries," the Kazakh leader emphasized.

The president highlighted that for a long time, geographicaldistance and limited connections hindered economic interaction."However, today, due to globalization and improved infrastructure,countries are more interconnected than ever."

He cited the partnership between Kazakhstan Railways company andSingapore's PSA International as an example, aimed at expanding thepotential of the Trans-Caspian Route.

The Trans-Caspian International Transport Route, or theso-called Middle Corridor, is a transportation and trade route thatconnects Asia and Europe, passing through several countries in theregion. It is an alternative route to the traditional NorthernCorridor and Southern Corridor.


Trend News Agency

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