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Expanding TRACECA transport corridor discussed

Business Materials 27 January 2011 19:16 (UTC +04:00)
A protocol between port authorities and rail companies designed to reduce tariffs for cargo transportation along the TRACECA (Europe – the Caucasus – Asia) corridor is expected to be signed soon, Eduard Biriucov, Secretary General of the TRACECA Intergovernmental Commission (IGC), told Henrik Hololei, Head of Cabinet of the EC Transport Commissioner, ENPI reports.
Expanding TRACECA transport corridor discussed

A protocol between port authorities and rail companies designed to reduce tariffs for cargo transportation along the TRACECA (Europe - the Caucasus - Asia) corridor is expected to be signed soon, Eduard Biriucov, Secretary General of the TRACECA Intergovernmental Commission (IGC), told Henrik Hololei, Head of Cabinet of the EC Transport Commissioner, ENPI reports.

Cooperation with the International Road Transport Union to facilitate border crossing procedures was also mentioned at an exchange of views on the expansion of transport along the TRACECA corridor that was held recently in Azerbaijan, as well as the results of the First Investment Forum. 

On his part, Hololei stressed the importance of developing alternative routes, including the transportation of hydrocarbon goods. He welcomed efforts to optimise the transportation of goods and emphasised the importance of cooperation with the EU.  Participants at the meeting agreed on the necessity for more contact with the EU, and called on EU experts to undertake joint work with TRACECA experts in the near future.

TRACECA (Transport Corridor Europe-Caucasus-Asia) is an international transport cooperation programme between the EU and its Partner countries in Eastern Europe, South Caucasus and Central Asia. It has a permanent Secretariat in Baku, Azerbaijan. The cooperation framework covers the areas of maritime transport, aviation, road and rail, transport security, and transport infrastructure.

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