TITR freight volumes up by 65% in 2023

TITR freight volumes up by 65% in 2023

The volume of freight traffic along the Trans-Caspian International Transport Route (TITR) may reach 10 million tonnes, which is facilitated by demand and technological capabilities, as noted by Kazakh President Kassym-Jomart Tokayev in an interview with the Azerbaijani news agency. According to the Head of State, the cities of Astana and Baku are taking comprehensive steps in this area, a tangible evidence of which is the adopted at the end of 2022 and designed for six years roadmap for the synchronous elimination of bottlenecks and the development of the Middle Corridor through the territories of Kazakhstan, Azerbaijan and Turkey. In 2022, the volume of freight traffic along this route doubled, and in 2023, it increased by another 65 percent to 2.7 million tonnes of cargo. This indicates that the role of the TITR in promoting and developing transcontinental trade has grown rapidly.