Azerbaijan, Georgia, Kazakhstan and Turkey to create Middle Corridor
The railway departments of Azerbaijan, Georgia, Kazakhstan and Turkey are planning to create a Middle Corridor (TITR) joint venture. Its official registration is expected in early or mid-2023.
According to TITR Secretary General Gaidar Abdikerimov, the purpose of creating the joint venture is to add value to the Middle Corridor, as it will facilitate transshipment processes and make the passage through different countries and ways more smooth.
The Middle Corridor will provide high-quality intermodal transport and logistics services, harmonize cross-border rates and introduce a unified IT platform for the full automation of cargo transportation services from China to Turkey and the Black Sea ports.
In addition, there are plans to link up with the International North-South Freight Corridor (INSTC) through the Caspian Sea ports, thus extending the corridor to Iran, and the Arab countries along the Persian Gulf, East Africa and India.
On March 31, 2022, Azerbaijan, Georgia, Turkey and Kazakhstan signed a quadripartite declaration on the Trans-CaspianEast-West Corridor, which emphasizes the importance of developing the transportation corridor and increasing transit potential, as well as integrating it into the international transportation system and strengthening cooperation among the parties.
12 April 2022 / 13:26
What is benefit of Azerbaijan from new checkpoint near Turshsu?
27 March 2023 / 11:37
IMF warns of risks to global financial stability
27 March 2023 / 11:23
Azerbaijan re-sends invitation to Karabakh Armenians for meeting in Baku
27 March 2023 / 11:18
Preliminary results of snap elections in Armenia’s Sisian, Ani communities: Ruling party wins
27 March 2023 / 11:05
Russia MFA spox quotes classics while commenting on Armenia premier statement
17 March 2023 / 12:05
Armenia blasts Azerbaijan's Aliyev for false claims, bellicose rhetoric
17 March 2023 / 12:03
Armenia has not withdrawn its troops from Karabakh – I. Aliyev
17 March 2023 / 11:59
Putin and Aliyev discussed the security issues of the region
17 March 2023 / 11:51
Organization of Turkic States leaders gather in Ankara
16 March 2023 / 15:36
Russia and Azerbaijan to open new customs post
16 March 2023 / 15:10
I.Aliyev arrived to Turkey on a working visit
16 March 2023 / 15:05
EU calls on Armenia, Azerbaijan to take advantage of historic opportunity
16 March 2023 / 14:58
Kremlin: Russia-U.S. relations at their lowest point
15 March 2023 / 11:40
China, Russia and Iran to conduct naval drills in Gulf of Oman
15 March 2023 / 11:33
The tactical victory of the Georgian Democrats did not lead to a change of power. Why?
15 March 2023 / 11:23