Baku, Azerbaijan, Feb. 2
By Elena Kosolapova – Trend:
Transit container traffic from Asia to Europe through Kazakhstan increased by 100 times in 2016 compared to 2011, Kazakhstan Temir Zholy company (Kazakh railway) said in a message.
The company also said that rates and tariffs for container traffic by Trans-Caspian transport route for 2017 have been agreed in order to insure further growth in traffic by this route.
The Trans-Caspian International Transport Route (TCITR) runs through China, Kazakhstan, Azerbaijan, Georgia and then through Turkey and Ukraine to Europe.
In October 2016, Azerbaijan, Kazakhstan and Georgia signed an agreement on the establishment of the TCITR International Association with its office in Astana. Its activities are aimed at attracting transit and foreign trade cargo, as well as developing integrated logistics products via the TCITR.
In Jan. 2017 Batumi hosted the first meeting of the working group on development of the TCITR.
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