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Turkmenistan, Russia forge ahead on North-South corridor cargo expansion (Exclusive)

March 18, 2024
in Europe
Reading Time: 2 mins read
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BAKU, Azerbaijan, March 18. Turkmenistan and
Russia are actively in search of to extend the quantity of cargo
transportation alongside the Worldwide North-South Transport
Hall, Ambassador Extraordinary and Plenipotentiary of Russia to
Turkmenistan Ivan Volinkyn instructed Development.

In accordance with him, immediately there may be an intensification of
cooperation between the transport departments of Turkmenistan and
Russia, the place particular consideration is paid to their joint efforts to
enhance the quantity of visitors within the japanese course of the
Worldwide North-South Transport Hall.

“At the moment, Russian Railways JSC is negotiating with Turkmen
companions to extend the quantity of transit by rail via the
introduction of end-to-end cargo movement know-how, establishing
digital information change on routes, creating aggressive tariff
situations and attracting further cargo volumes via
multilateral logistics corporations,” Volinkyn mentioned.

He famous that the event of multimodal alternatives with
the inclusion of the transport hall, the Turkmenistan’s
Turkmenbashi Worldwide Seaport and the freeway alongside the
Caspian Sea, the development of which is being thought-about with the
participation of the Russian ‘Vozrozhdenie’ firm, is
promising.

The Ambassador emphasizes that it’s secure to say that the
potential of commerce and financial cooperation between Russia and
Turkmenistan is multifaceted.

“By means of joint efforts, superior applied sciences are being
launched in geological exploration, land cadastre administration,
development of business and infrastructure services. Joint
work is actively underway within the area of seed manufacturing,
irrigation, well being, schooling, sports activities and tourism. Such a excessive
depth of enterprise ties confirms the standing of strategic
partnership between Russia and Turkmenistan, secured by related
bilateral agreements,” Volinkyn added.

In the meantime, the inspiration of the Worldwide North-South
Transport Hall was laid on the idea of an intergovernmental
settlement signed between Russia, Iran, and India on September 12,
2000.

In complete, 13 nations (Azerbaijan, Belarus, Bulgaria, Armenia,
India, Iran, Kazakhstan, Kyrgyzstan, Oman, Russia, Tajikistan,
Türkiye and Ukraine) have ratified the settlement.

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Tags: aheadanalyticsAzerbaijan's newsBreaking Newsbusiness newsCargoCaspian newsCentral Asiacompany newscorridorEconomyExclusiveexpansionfinancial newsforgeGeorgia's newsIran's newsKazakhstan's newsNorthSouthoil and gas newspoliticsRussiathe Caspian Seathe CIS newsTurkey's newsTurkmenistanTurkmenistan's newsUzbekistan's newsWorld News
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