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Kazakhstan, Azerbaijan and Georgia created international transport association

by October 10, 2016 Legal

It should be reminded that at the next meeting of the Coordinating Committee for the development of the Trans-Caspian international transport route (TITR), heads of railway administrations of Kazakhstan, Azerbaijan and Georgia discussed the creation of the International Association of Trans-Caspian international transport route.

It is worth noting that “the association’s activities will focus on attracting transit and foreign trade cargo, development of integrated logistics products from TITR”.

It is planned that issues of “an effective tariff policy, optimization of costs and value of integrated services, the creation of a single technology transportation process, contributing to the reduction of administrative barriers related to border and customs procedures and processing of cargo and containers in the ports of the play stations will be worked out within the association.”

All these measures are aimed at ensuring the competitiveness of TITR compared to alternative routes.

“During the existence of the Coordinating Committee, the considerable work on building an effective tariff policy, the introduction of a single technology transportation of goods and the creation of joint integrated logistics product Nomad Express was carried out; container trains were launched; the Trans-Caspian international transport consortium was set up,” K. Alpysbayev has said.

The Kazakh side informed about the implementation of the project “Construction of the ferry complex in Kuryk and operation of universal utility ferries,” commissioning of the first startup complex at the Kuryk port by the end of 2016.

In addition, they discussed the establishment of competitive rates on TITR. The parties agreed preferential tariff conditions for a number of export of Kazakhstani goods, including grain, oil and non-ferrous metals, on the territories of the countries – participants of TITR.

Source: The Prime Minister of Kazakhstan