Kazakhstan, Azerbaijan, and
Georgia are joining forces to establish a unified company for transporting
goods along the Trans-Caspian International Transport Route. It will facilitate
the transportation between Europe and China at unified tariffs. Currently, the
parties are considering ways to streamline all processes, including
administrative procedures. Additionally, common transportation rules are being
developed to enhance service quality and reduce delivery times along the
corridor.
“The decision was made to
register the company in the Astana International Financial Centre (AIFC). This
company will offer a unified tariff for cargo transshipment, which will remain
in effect for five years and ensure the timely passage of goods through the
corridor. In the early stages of corridor development, delivery times extended
up to 50 days, but they have now been reduced to 18 to 20 days, with the goal
of further decreasing them to 15 days,” said Marat Karabayev, Kazakh Minister
of Transport.
It bears noting that the demand
for the Trans-Caspian International Transport Route is growing. Thus, there has
been a twofold increase in freight traffic through the territory of Kazakhstan
over the past two years. Last year, around 1.6 million tonnes of cargo were
transported along the corridor from the Aktau and Kuryk ports. This year, there
are plans to further increase this figure to 3.5 million tonnes.
