Companies of Kazakhstan and Russia agreed to expand cooperation in the development of the North-South railway transport corridor, Ritmeurasia reported.
KTZ Express JSC, RZD Logistics JSC and Transport and Logistics Center of Turkmenistan JSC signed a memorandum of cooperation in international and transit freight traffic. The Kazakhstan Railways noted that the parties intend to develop railway routes by launching new regular trains between the countries, including those providing short delivery times for agricultural products and food products.
The document provides for the organization of regular transportation of goods in trilateral and transit traffic, an increase in the volume of international import-export transportation of goods, the development of cooperation aimed at realizing the potential of the North-South railway corridor, as well as the joint use of transport and logistics infrastructure the companies noted adding that the parties also plan to introduce innovations under the agreements.
The International North–South Transport Corridor is a 7,200-km-long multi-mode network of ship, rail, and road route for moving freight between India, Iran, Azerbaijan, Russia, Central Asia and Europe. The route primarily involves moving freight from India, Iran, Azerbaijan and Russia via ship, rail and road.
The objective of the corridor is to increase trade connectivity between major cities such as Mumbai, Moscow, Tehran, Baku, Bandar Abbas, Astrakhan, Bandar Anzali, etc.
CentralasianLIGHT.org,
Nov. 8, 2022