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Kazakhstan, Turkey to jointly increase capacities of Trans-Caspian int'l transport route

Transport Materials 6 July 2020 16:03 (UTC +04:00)
Kazakhstan, Turkey to jointly increase capacities of Trans-Caspian int'l transport route

BAKU, Azerbaijan, Jul. 6

By Nargiz Sadikhova – Trend:

Kazakhstan and Turkey are to jointly take measures to increase existing capacity of the Trans-Caspian International Transport Route (TITR), Kazakhstan’s Ministry of Industry and Infrastructural Development told Trend.

The corresponding agreement was reached during the XI meeting of the Kazakh-Turkish Intergovernmental Commission on Trade and Economic Cooperation held in Istanbul (Turkey) on Nov. 10, 2019.

Following the meeting, the sides adopted a Joint Action Plan consisting of 65 paragraphs in areas such as trade, investments, industry, transport, education, healthcare, tourism and other sectors. Additionally, an intergovernmental agreement on international combined transportation of goods was signed.

One of the agreements reached during the meeting was to cooperate on improving competitiveness and improving the logistics infrastructure of the TITR. The goal is to increase existing capacity.

Thus, the measures within the agreement are to be taken over the course from 2019 through 2023.

The Trans-Caspian International Transport Route starts from Southeast Asia and China, runs through Kazakhstan, the Caspian sea, Azerbaijan, Georgia and further to European countries.

TITR is aimed to coordinate interaction of all the participants of transportation of goods and containers along the route from Asia to Europe and in the reversed direction, including needed informational support.

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