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Kazakhstan expects increase in cargo transit volumes - president

Kazakhstan Materials 20 September 2022 20:16 (UTC +04:00)
Kazakhstan expects increase in cargo transit volumes - president
Nargiz Sadikhova
Nargiz Sadikhova
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BAKU, Azerbaijan, September 20. We expect cargo volume through Kazakhstan to increase significantly in the years ahead, President of Kazakhstan Kassym-Jomart Tokayev said in a speech at the General Debate of the 77th session of the UN General Assembly, Trend reports.

Tokayev noted that the current geopolitical situation also highlights the importance of a reliable and diversified global transit and transport infrastructure.

"We are seeing this in our own region. Kazakhstan, the largest landlocked developing country, is becoming a vital Asian land corridor to Europe. The Trans-Caspian International Transport Route, or Middle Corridor has received a new impetus. We expect cargo volume through Kazakhstan to increase significantly in the years ahead. We must ensure that the Caspian Sea becomes a sea of ​​peace and new opportunities," he said.

The president also added that in the months ahead, Kazakhstan will help mitigate the most immediate impacts of limited access to energy and critical raw materials caused by trade and supply chain disruptions.

"In the long-term, we aim to diversify our sources of energy, with a particular focus on green hydrogen and renewables," Tokayev added.

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