...

Single tariff soon to be applied for Trans-Caspian route

Business Materials 5 May 2016 17:50 (UTC +04:00)
A single competitive tariff will be introduced for the International Trans-Caspian Transportation Route on June 1
Single tariff soon to be applied for Trans-Caspian route

Baku, Azerbaijan, May 5

By Maksim Tsurkov - Trend:

A single competitive tariff will be introduced for the International Trans-Caspian Transportation Route on June 1, said Nadir Azmammadov, spokesman for the Azerbaijan Railways CJSC, speaking to Trend May 5.

Azmammadov said this decision was made at a meeting of the work group on the development of the International Trans-Caspian Transportation Route in Baku.

"A protocol envisaging the introduction of competitive reduced tariffs on the Trans-Caspian route, running from China and Central Asia through the Black Sea basin, Ukraine and Europe and backwards, was signed after a meeting held with participation of the Azerbaijani, Kazakh, Georgian and Ukrainian delegations," he added.

The document also includes a paragraph about the rules of organizing container traffic via the Dostyk/Altyngel-Aktau-Baku-Batumi route, and such issues as the average speed, the length and schedule of trains.

The 2016 policy plan of the International Trans-Caspian Transportation Consortium was also discussed at the working group's meeting, noted Azmammadov.

The agreement to create the International Trans-Caspian Transportation Consortium was signed in April in Baku by the railway authorities of Azerbaijan, Georgia and Kazakhstan.

Azerbaijani companies ADY Express and ACSC Logistics, Kazakhstan's KTZ Express and Georgia's Trans Caucasus Terminals LLC are the consortium members.

Edited by EA

---

Follow the author on Twitter: @MaksimTsurkov

Tags:
Latest

Latest