Kazakhstan and Lithuania plan to link up from afar to carry out container transportation on the Trans-Caspian International Transport Route (TCITR). The two sides agreed on the plan in Vilnius at the 14th session of the Kazakhstan-Lithuanian Intergovernmental Commission on Trade & Economic Cooperation.
“The event also included a meeting of the Kazakhstan-Lithuanian mixed commission on international road transportation with the participation of representatives of the Ministry of Transport of Kazakhstan, the Union of Transport Workers of Kazakhstan, Kazlogistics, where an agreement was reached on the quota of permits for 2024,” the press service of the Ministry of Trade and Integration of Kazakhstan said in a statement.
“We offer the Lithuanian side cooperation in launching container transportation between our countries within the framework of the Trans-Caspian International Transport Route (TCITR). In addition, taking advantage of this opportunity, we invite all Lithuanian companies to participate in the New Silk Way transport forum, which is planned to be held in October this year in Astana,” said Almaz Aisin, a representative of the Kazakh delegation.
During the talks, the Kazakh side informed its Lithuanian partners about the prospects and possible measures that may be taken for development of the TCITR — while emphasizing that in recent years the TCITR has attracted great attention from European companies.
As of October 2023, the trade turnover between Kazakhstan and Lithuania for the previous 12 months increased by 28.7% annually to $584.3m. Last year, the countries reached an agreement to increase the export potential of Kazakh products across 70 categories worth $350.5m.
