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Port of Baku, Kazakhstan Railways sign memorandum of cooperation (PHOTO)

Economy Materials 23 August 2022 20:44 (UTC +04:00)
Port of Baku, Kazakhstan Railways sign memorandum of cooperation (PHOTO)
Sadraddin Aghjayev
Sadraddin Aghjayev
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BAKU, Azerbaijan, August 23. Minister of Industry and Infrastructural Development of Kazakhstan Kairbek Uskenbayev, the country's Energy Minister Bolat Akchulakov and Chairman of the Board of Directors of Kazakhstan Railways National Company Nurlan Sauranbayev visited the Central Office of the Baku International Sea Trade Port CJSC (Port of Baku), Trend reports.

During the visit, the guests met with the leadership of the Port of Baku and discussed the existing areas of cooperation between it and the ports of Kazakhstan, especially the strengthening of bilateral relations in the field of logistics and the implementation of possible joint projects.

Besides, a memorandum of cooperation was signed between the Port of Baku and Kazakhstan Railways.

According to this memorandum, a number of agreements were reached on the issues of further increasing multi-modal transportation along transcontinental Asia-Europe routes, developing mutual business cooperation in the field of transport and logistics, and applying innovative solutions in the field of fast cargo transportation.

The cargo turnover between the ports of both countries continues to increase. In the first seven months of this year, the volume of cargo transportation from Kazakhstan through the Port of Baku exceeded one million tons, which is 219.1 percent more than in the same period in 2021.

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