AZERBAIJAN, GEORGIA, KAZAKHSTAN POOLING EFFORTS TO CREATE JOINT VENTURE
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17.05.2022


AzerNews (16 May 2022)

By Sabina Mammadli

 

Azerbaijan, Kazakhstan, and Georgia are planning to form a joint venture to develop the Southern Transit Corridor, Kazakh media has reported.

The new project will be similar to the United Transport and Logistics Company - the Eurasian Railway Alliance (UTLC ERA) but with the difference that the first one includes Kazakhstan, Russia, and Belarus, the new venture will unite Kazakhstan, Azerbaijan, and Georgia.

Transportation of export-import cargo in containers and wagons will be carried out along the route of the Trans-Caspian International Transport Route (TITR), which runs through China, Kazakhstan, and the water area of the Caspian Sea, Azerbaijan, Georgia, and further to Turkey and European countries. The venture itself will serve transit container cargo.

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