Nearly $300mln to be invested in Central Kazakhstan's longest road
The Asian Development Bank said it has approved a sovereign-guaranteed local currency loan of up to $291.49 million equivalent to reconstruct 208 km of road in central …
logistics
Putin praises Azerbaijan's role in development of trade in region
Vladimir Putin noted the importance of Azerbaijan in international trade. According to Putin, the country is forming the region's logistics routes.
Seven countries forming 'Middle Corridor' Association
The railway administrations of China, Turkey, Austria, Azerbaijan, Uzbekistan, Kyrgyzstan and Tajikistan have agreed to create the International Association Eurasian Transport Route Association with headquarters in Baku. Earlier, …
Kazakhstan Railways boost Middle Corridor by twentyfold
A container train has departed from Xi'an, heading to Budapest along the Trans-Caspian International Transport Route (TITR, or Middle …
International routes development being discussed in Zangilan
The international conference themed "International Transport and Logistics Corridor: Development Impulses from Zangilan" is underway in Azerbaijan's …
Russia and Azerbaijan to establish “simplified customs corridor”
Russia's Federal Customs Service plans to speed up the movement of goods with Azerbaijan, acting director of Russia's Federal Customs …
PickPoint to cease operations in Russia - source
Logistics service PickPoint is ceasing operations, national daily Kommersant reported, citing sources and a letter from company CEO. This decision was made due to financial problems, including due to the departure of western retailers, …
COP 27 brings together Egypt and Israel
Israel and Egypt seem to be considering different ways to promote cooperation in technology and investments, while increasing their trade exchange
Georgia expresses interest in Trans-Caspian transport route
Minister of Economy of Georgia Levan Davitashvili announced the growing importance of the Trans-Caspian International Transport Route (Middle Corridor). In June of this year, the Foreign Ministers of Turkey, Azerbaijan and Kazakhstan …
Integration of the South Caucasus: a view from Turkey
Turkey's policy in the South Caucasus is based on the principle of good-neighborly relations, but Ankara does not hide its regional interests, which include building up its regional influence. Turkey is closely following all …
Russia and Uzbekistan sign roadmap on logistics corridors development
Russian Deputy Prime Minister Alexey Overchuk held a meeting with Uzbek Deputy Prime Minister - Minister of Investments and Foreign Trade Sardor Umurzakov in Tashkent on 21 August, according to Uzdaily. During the meeting, a wide …
What will Kazakhstan be like by 2025
The government of Kazakhstan recently released its National Development Plan Through 2025, which complements the government’s primary objective of becoming one of the world’s 30 most developed nations by 2050, The Diplomat writes. Overall, the plan is a continuation of Nur-Sultan’s current strategy of economic diversification, which includes heavily investing in technology; increasing exports of manufactured goods; and the development of “new” industries like transport and logistics, aerospace services, engineering, information and communications technology (ICT), and even medical tourism
Pony Express logistics company enters Azerbaijani market
The Russian logistics company, Pony Express, said about the start of its activities in Azerbaijan today. The expects to operate in Azerbaijan and earn $3 million here annually, Sergey Sergushev, the company’s …
Customs regime to be introduced in Azerbaijani logistics center in Aktau
Kazakh President Nursultan Nazarbayev instructed to introduce a special customs regime for the logistics center of Azerbaijan’s Azersun Holding in Aktau, the Azerbaijani Ministry of Economy said. "The …
Azerbaijan and Uzbekistan to present new transit route
Azerbaijan and Uzbekistan are developing a new transit route from Central Asia and Afghanistan, Azerbaijan Caspian Shipping Company said. The main purpose of the agreement reached during the trilateral meeting of leadership of …
Azerbaijan invests in the development of Dagestani industry
Yesterday the Days of Dagestan finished in Azerbaijan, in the framework of which the parties discussed a number of issues in the framework of economic cooperation. In particular, it is planned to build a large cement plant, trade and logistics …
