Kazakhstan, Azerbaijan, Georgia and Turkey intend to set up a joint transport company for rail transport as part of TRACECA program, Ambassador of Kazakhstan to Azerbaijan Amangeldy Zhumabayev said. “The countries are currently preparing an agreement on transit transportation,” he said. “It will introduce a single tariff for the transportation of goods and simplify the registration of contracts to suppliers.”
Zhumabayev said that Kazakhstan and Azerbaijan have great transit potential. “Silk Road” project connecting China and Europe will give great opportunities in this area.
Today the trade turnover between Europe and China is about USD 600 billion.
“Most of these goods are transported by sea today,” the diplomat said. “The “Silk Road” project, envisaging the transportation of goods through Central Asia and South Caucasus, will reduce the transportation period by more than twofold – up to 12-15 days.”
Photo: http://www.traceca-org.org
Share on:
