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Azerbaijan cuts transit transportation cost by 40% (UPDATE)

Economy Materials 2 December 2015 19:02 (UTC +04:00)
Azerbaijan made a nearly 40-percent reduction in the transit cost of cargo transportations by large trucks to the Aktau and Turkmenbashi ports.

Headline changed, Details added (first version posted on 17:09)

Baku, Azerbaijan, Dec. 2

By Maksim Tsurkov - Trend:

Azerbaijan made a nearly 40-percent reduction in the transit cost of cargo transportations by large trucks to the Aktau and Turkmenbashi ports, said the Coordinating Council for Transit Cargo Transportations Dec. 2.

Cost reduction for foreign carriers was possible due to simplification of transit procedures and reduction of tariffs for cargo transport, going to Kazakhstan's Aktau port and Turkmenistan's Turkmenbashi port.

Earlier, the Azerbaijan Caspian Shipping Company reduced tariffs by 20 percent in order to improve the attractiveness of maritime transportation of cars traveling from Turkey to Kazakhstan.

The new tariff is set at $1,200 for one car with a trailer (length of 16.5 meters, TIR) in one direction (from Baku to Aktau or from Aktau to Baku).

If a round-trip ticket is purchased in advance, the tariff is set at $2,100 under the round-trip plan (from Baku to Aktau, and back).

Thus, the transit costs for each large goods vehicle going through Azerbaijan in both directions will be about $2,600.

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Follow the author on Twitter: @MaksimTsurkov

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