Azerbaijan, China Cooperate To Streamline Middle Corridor Cargo Processes
Date
7/16/2024 3:09:49 AM
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, July 16. Head of the Board of
Azerbaijan Railways CJSC, Rovshan Rustamov, discussed increasing
cargo transportation along the Middle Corridor during negotiations
with Deputy Director General of China Railways State Corporation,
Sun Suyude, Trend
reports via Azerbaijani Railways.
The discussions focused on enhancing the competitiveness of the
Middle Corridor, expanding container transportation, allocating
subsidies for transit freight transportation by rail through
Azerbaijan, and maximizing the use of the Baku-Tbilisi-Kars
route.
The parties also exchanged views on implementing electronic
declaration for train cargoes and accelerating the approval process
for documents during customs control, which will improve the
efficiency and effectiveness of cargo delivery along the Middle
Corridor.
The importance of signing the Joint Declaration on July 3 in
Astana, within the framework of the Shanghai Cooperation
Organization events, was highlighted. This declaration aims to
ensure the smooth operation of international transport corridors
and create favorable conditions for transit traffic.
Additionally, it was emphasized that the Chinese side expressed
interest in joining the Middle Corridor Multimodal Ltd joint
venture, established by Kazakhstan, Azerbaijan, and Georgia to
develop the railway segment of the Middle Corridor.
Notably, the Middle Corridor, which celebrated its 10th
anniversary this year, has seen increasing freight traffic over the
past two years. In 2023, it carried 2.7 million tons of cargo (an
86 percent increase from 2022), and in 2024, the volume is expected
to exceed 4.2 million tons.
MENAFN16072024000187011040ID1108443184
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.