Turkmenistan to join transport corridor between Asia and Europe

388 views Politics 0

Representatives of transport organizations from Turkmenistan, Uzbekistan, Iran, and Turkey have signed a Protocol of the Multilateral Meeting on the formation of an international multimodal corridor between Asia and Europe along the route Uzbekistan-Turkmenistan-Iran-Turkey. This was reported by the press service of the Uzbekistan Ministry of Transport.

The document was signed within the framework of the 12th meeting of the Ministers of Transport of the Economic Cooperation Organization (ECO). It provides for the organization of freight transportation from the Asia-Pacific region to the EU through Uzbekistan, Turkmenistan, Iran, and Turkey, the application of competitive tariffs, and the creation of favorable conditions for rail transport.

The protocol is also aimed at promoting the joint development of measures to unify normative and technical standards for organizing cargo transportation along the route and increasing the transport connectivity of the corridor's member countries.

The creation of a new multimodal transport corridor along the Uzbekistan-Turkmenistan-Iran-Turkey route will significantly reduce the delivery times and costs for transporting goods between the Asia-Pacific region and the EU. Overall, it will contribute to expanding trade links and economic development for all participating countries.

The signing of the protocol is an important event in anticipation of the 16th summit of the Economic Cooperation Organization, which will be attended by Turkmenistan's President, Serdar Berdymukhamedov.

CentralasianLIGHT.org

November 7, 2023