Azerbaijan can supply up to 54 million tons of cargo to Europe through the Trans-Caspian International Transport Route (TMTM), Igbal Huseynov, Deputy Chairman of Azerbaijan Railways said, AzerNews reports.
The Trans-Caspian International Transport Route enjoys an opportunity to become attractive and profitable for consignors from European countries.
Approximately 300,000-400,000 containers will be transported via the route by 2020 and all operators are waiting for commissioning of the Baku-Tbilisi-Kars railway which is expected in 2016.
The first container train on this route arrived at Baku International Sea Trade Port from China in August. The train, consisting of 44 wagons, departed from the Alashankou export station of the Chinese Urumqi-Xinjiang province and arrived in Tbilisi in eight days transiting through the territory of Azerbaijan.
An agreement creating a coordinating committee to develop a Trans-Caspian International Transport Route was signed by Kazakh, Georgian, and Azerbaijani representatives in late 2013.
The project is being implemented by Kazakhstan Temyr Zholy, China Railways, Azerbaijan Railways, Azerbaijan Caspian Shipping Company and Baku International Sea Trade Port.
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