Kazakhstan, ESCAP Discuss Ratification Of Intergovernmental Agreement On Trans-Asian Railway Network
(MENAFN- Trend News Agency)
ASTANA, Kazakhstan, September 3. Kazakhstan and
the United Nations Economic and Social Commission for Asia and the
Pacific (ESCAP) have discussed ratification of the
Intergovernmental Agreement on the Trans-Asian Railway Network,
Trend reports.
A discussion on this topic took place between the Minister of
Transport of Kazakhstan, Marat Karabayev, and the leadership of
ESCAP.
The parties noted that the agreement is aimed at developing
railway routes of international importance and increasing the
volume of international passenger and cargo transportation.
In addition, the Minister of Transport and UN
Under-Secretary-General/ESCAP Executive Secretary Armida
Alisjahbana agreed to further strengthen cooperation in the field
of transport and logistics.
To note, over 20 countries are participants in the Trans-Asian
Railways, including China, India, Iran, South Korea, Russia,
Türkiye, Uzbekistan, and others.
To date, 13 international transport corridors have been formed
and are in operation in Kazakhstan, including 5 railways and 8
roads.
Furthermore, about $30 billion has been invested in the
transport and logistics infrastructure of Kazakhstan over the past
10 years.
Moreover, in the next five years, at least 40 billion euros will
be needed to implement major infrastructure projects in the field
of transportation in Kazakhstan.
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