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Logistics companies of Turkmenistan, Kazakhstan sign memorandum of co-op

Transport Materials 25 January 2021 11:25
Logistics companies of Turkmenistan, Kazakhstan sign memorandum of co-op

BAKU, Azerbaijan, January 25

By Jeila Aliyeva - Trend:

Turkmenistan’s Turkmen Logistics Association (TLA) and the Transport and logistics company KAZLOGISTICS of Kazakhstan signed a memorandum of cooperation, Trend reports with reference to Turkmenportal information portal.

The document provides for the participation of both sides in regional and international events, the development and implementation of joint projects to create mutually beneficial solutions, investment projects of international organizations and financial institutions.

Thus, the parties intend to hold consultations on the creation of comfortable and economically acceptable transport conditions, and improving the efficiency of economic activities will provide an opportunity for the formation and implementation of new promising projects.

As reported, Turkmenistan and Kazakhstan aim to expand cooperation in the field of railway transportation.

From January through August of 2020, the volume of cargo transportation across the territory of the two countries increased by 11,900 tons, compared to the same period in 2019, and reached 847,500 tons.

As earlier the Ministry of Foreign Affairs of Kazakhstan told Trend, Turkmenistan and Kazakhstan are implementing the new projects in the transport sector.

The new project in the field of transport and logistics cooperation between Kazakhstan and Turkmenistan is the construction of the highway from the Turkmen side to the border with Kazakhstan and the bridge over the Garabogazgol Gulf.

The ministry noted that the implementation of this project will allow increasing trade turnover, the volume of freight, and passenger traffic.

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