Middle Corridor Sees Significant Growth In Cargo Flows - Kazgrain
Date
9/18/2024 5:18:01 AM
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, September 18. The Middle
Corridor, also passing through Kazakhstan, demonstrates active
growth of cargo flows, the chairperson of the Supervisory Board of
“NurZholCompany” and head of the Council of the National
Association of Exporters“KazGrain” Kanat Kobessov said at the
session“International transport Corridors in the Black and Caspian
Sea Region,” within the framework of the Black and Caspian Freight
Forum 2024, Trend
reports.
According to him, global trade is projected to grow annually in
the coming years despite the current economic difficulties.
“The Eurasian region has become an increasingly important part
of the global transportation system in recent years, and three key
corridors play a significant role in this process. The Northern
Corridor, passing through eastern Russia, is losing ground due to
geopolitical and economic changes. In contrast, the middle corridor
through Kazakhstan is growing strongly. The emerging Southern
Corridor, which connects the Caucasus with Central Asia through
Kazakhstan, is also an important element of development. The
railroad connection plays an important role in the development of
this infrastructure, which is actively developing and is expected
to be expanded with new routes,” he said.
Kobessov noted that experts expect that trade growth in the
Eurasian region could be at least 2 percent a year, which
underscores the need to adapt transport logistics to the increasing
volume of goods.
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