• KGS/USD = 0.01152 0%
  • KZT/USD = 0.00191 0%
  • TJS/USD = 0.09159 -0.22%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01152 0%
  • KZT/USD = 0.00191 0%
  • TJS/USD = 0.09159 -0.22%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01152 0%
  • KZT/USD = 0.00191 0%
  • TJS/USD = 0.09159 -0.22%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01152 0%
  • KZT/USD = 0.00191 0%
  • TJS/USD = 0.09159 -0.22%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01152 0%
  • KZT/USD = 0.00191 0%
  • TJS/USD = 0.09159 -0.22%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01152 0%
  • KZT/USD = 0.00191 0%
  • TJS/USD = 0.09159 -0.22%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01152 0%
  • KZT/USD = 0.00191 0%
  • TJS/USD = 0.09159 -0.22%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
  • KGS/USD = 0.01152 0%
  • KZT/USD = 0.00191 0%
  • TJS/USD = 0.09159 -0.22%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28571 0.28%
04 December 2024

Viewing results 1 - 6 of 15

Kazakhstan and Armenia Negotiate on Trade and Transport Cooperation

Following negotiations on 15 April in Yerevan, with Armenian Prime Minister Nikol Pashinyan, Kazakh President Kassym-Jomart Tokayev stated that with regard to furthering cooperation, the countries enjoy “unshakable friendship and mutual support.” With reference to developing a more comprehensive partnership, he cited their common goals as expanding and activating bilateral ties, and strengthening regional and international security. Negotiations also focused on enhancing cooperation in economic and investment and the Kazakh president reported, “We - both agreed - that it is necessary to look for new directions that will give impetus to the growth of trade turnover. Kazakhstan is ready to increase its exports to Armenia to $350 million.” Tokayev stressed that development of the transport and logistics sector is key to strengthening Kazakh-Armenian cooperation and hailed Armenia’s readiness to restore transit communications in the South Caucasus under the ‘Crossroads of Peace’ initiative. Aimed at developing communications between Armenia, Turkey, Azerbaijan, and Iran, the Armenian-proposed initiative includes renovating, building, and operating roads, railways, pipelines, cables, and electricity lines. In addition, the Kazakh president welcomed proposals for the operation of direct flights between the countries’ capitals and other cities. Pashinyan likewise emphasized the significant headway made during the negotiations, saying, “We have identified further prospects for strengthening our cooperation, including - transport and logistics. We agree that despite the constant growth in trade turnover, there is still unrealized potential for the development of trade and economic cooperation.”

Kazakhstan and Finland to Collaborate on Rail Transportation

KTZ Express JSC (a subsidiary of Kazakhstan’s national railways company Kazakhstan Temir Zholy) and Finnish Nurminen Logistics Services Oy, have signed a Memorandum of Cooperation for container transportation from China to Finland along the Trans-Caspian International Transport Route (TITR) through the Kazakhstan. At a meeting of the Kazakh-Finnish intergovernmental commission on April 11 in Astana, Deputy Minister of Transport of Kazakhstan Maksat Kaliakparov emphasized the strategic importance of cooperation and development of transit opportunities between the two countries regarding trade between China and Southeast Asian countries and the European Union: “Kazakhstan is the main link in the TITR, or the Middle Corridor, and has already shown potential as an alternative to East – West routes. This is evidenced by an 86% increase in cargo transhipment through the seaports of Aktau and Kuryk, the volume of which rose to 2.8 million tons. The TITR is a ‘green-light’ corridor. Today, the cargo transit time has been reduced from 23 to 14-18 days, including 5 days in Kazakhstan. In 2023, the volume of cargo transportation along the TITR increased by 65%.” To illustrate the potential for cargo transportation between Kazakhstan and the EU, Kaliakparov reported a steady rise in the transportation of cargo through Kazakhstan along the China-Finland-China route. Compared to the previous year, in 2023, the volume of cargo transported by rail increased by 25% (4.3 million tons), and by road, by 14% (7.3 million tons).

Turkmenistan and Italy Expand Transport Cooperation

A Turkmen delegation led by the Deputy Chairman of the Cabinet of Ministers, Minister of Foreign Affairs of Turkmenistan, Rashid Meredov visited Italy on March 20th for negotiations with the Deputy Prime Minister and Minister of Foreign Affairs of Italy Antonio Tajani. The foreign ministers discussed bilateral relations in political, diplomatic, trade, economic, cultural and humanitarian sectors. The Turkmen Foreign Minister also held talks with the Deputy Prime Minister, Minister of Infrastructure and Transport of Italy, Matteo Salvini and top representatives of the Italian transport sector. The parties discussed expanding cooperation in the field of railway and maritime transport, and signed a Memorandum of Cooperation between the ports of Turkmenbashy (Turkmenistan) and Naples (Italy).