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Ukrainian Railways - permanent member of Trans-Caspian Int'l Transport Route Association

Business Materials 1 February 2018 20:52 (UTC +04:00)
The Ukrainian Cabinet of Ministers approved the participation of Ukrainian Railways JSC in the Trans-Caspian International Transport Route International Association, said a message posted on the website of the Ukrainian government Feb. 1.
Ukrainian Railways - permanent member of Trans-Caspian Int'l Transport Route Association

Baku, Azerbaijan, Feb. 1

By Azad Hasanli – Trend:

The Ukrainian Cabinet of Ministers approved the participation of Ukrainian Railways JSC in the Trans-Caspian International Transport Route International Association, said a message posted on the website of the Ukrainian government Feb. 1.

The decision has been recently made at the meeting of the Ukrainian Cabinet of Ministers.

"The participation of the Ukrainian Railways as a permanent member of the Trans-Caspian International Transport Route International Association is very important,” Acting Chairman of Board of the Ukrainian Railways JSC Evgeny Kravtsov said. “Trans-Caspian International Transport Route passes through the Silk Road and opens up additional opportunities for attracting cargo flow from Asia to Europe."

According to the message, Ukrainian Railways is negotiating with European carriers to organize intermodal transportation by using the capacities of the Trans-Caspian International Transport Route. It is possible to redirect a part of the European cargo flow to this route by observing the constant competitive cost and delivery time.

The Trans-Caspian International Transport Route runs from China through Kazakhstan, Azerbaijan, Georgia and further through Turkey or Ukraine to Europe.

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