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Details of Caspian region’s transport corridors mulled in Turkmenistan

Details of Caspian region’s transport corridors mulled in Turkmenistan Investment

By Huseyn Hasanov– Trend:

A meeting of heads of railway and maritime offices of Turkmenistan, Azerbaijan, Kazakhstan, Iran and Georgia was held in Turkmenistan’s Avaza national tourist zone, a message of the Turkmen government said March 1.

The issues on development of the East-West multi-modal transport corridor and joint measures to increase transit traffic were on the meeting’s agenda.

The parties evaluated the potential and prospects of the development of transport systems of countries participating at the meeting, said the message.

Proposals for joint action to attract transit cargoes and create a single logistics company for these five countries were made during the meeting.

The issues on introducing unified tariffs and documentation, optimizing customs procedures were also discussed at the meeting.

“The parties have undertaken a number of new obligations, including the further strengthening of economic, scientific and technical cooperation in this field, the formation of transnational networks with high efficiency of cargo transportation among these countries and regions of Eurasia, the choice of optimal routes and effective interaction among different modes of transport,” said the message.

It was reported earlier that the UN General Assembly adopted a resolution in Dec. 2015 submitted by Turkmenistan on the establishment of transport and transit corridors, co-authors of which were 85 countries.

Turkmenistan is ready to act as an active partner and participant of the Transport Corridor Europe-Caucasus-Asia (TRACECA), since the formation of the western transport corridor from Central Asia has great importance in the context of the Great Silk Road’s revival, said the message.

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