USAID delegation to visit Azerbaijan to help boost trade along Trans-Caspian route

Economy Materials 17 May 2022 16:19 (UTC +04:00)
Nargiz Sadikhova
Nargiz Sadikhova
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BAKU, Azerbaijan, May 17. The US Agency for International Development (USAID) is conducting a study tour to Kazakhstan, Azerbaijan and Georgia, to find opportunities to increase trade along the Trans-Caspian route on May 16-24, 2022, Trend reports citing the US embassy in Kazakhstan.

This international transport corridor is an alternative means for transporting goods from Central Asia to Europe, having great potential for trade and business development. Recently Central Asian governments have placed great focus on increasing the transport of cargo via the Caspian Sea, as traders encounter growing problems in moving their goods through the current transit routes.

This study tour is being implemented by USAID’s Trade Central Asia activity in collaboration with the Transport Corridor Europe-Caucasus-Asia (TRACECA) and KazLogistics, the Union of Transport workers of Kazakhstan.

A delegation of over 40 customs representatives and staff of transport policy government agencies of Kazakhstan, the Kyrgyz Republic, Tajikistan, Turkmenistan and Uzbekistan, as well as members of the Central Asia Transport and Logistics Partnership, are visiting the Caspian Sea ports at Alyat and Kuryk, and the Batumi Port on the Black Sea. They are studying each port’s pricing policy, reviewing processes utilized, and learning about digitization initiatives, thereby helping them develop recommendations for further simplifying procedures.

Also joining the tour will be representatives of national associations of road carriers, logistics companies and freight forwarders, seaports and shipping companies from Azerbaijan, Georgia and Central Asian nations, directly involved in international road transport. Participants from Bulgaria and Turkey are invited to familiarize themselves with the possibility of facilitating international road transport through their domestic territories.