The Russian Federation, Kazakhstan, Turkmenistan and Iran will simultaneously develop the eastern branch of the North-South ITC
Russia, Kazakhstan, Turkmenistan and Iran signed a roadmap for the synchronous development of the potential of the eastern route of the international North-South transport corridor for 2024-2025. This was reported by the press service of the Ministry of Transport of Kazakhstan.
“The implementation of this document by 2027 will increase the throughput capacity of the corridor to 15 million tons per year, and by 2030 to 20 million tons,” the department noted. The document was signed at the first North-South transport trade and export forum taking place on July 19-20 in Aktau.
“Kazakhstan intends to continue its active participation in the development of the Eastern branch of the North-South ITC, which has the highest potential for growth in cargo flows until 2030 and appears to be the safest for the shortest transit to the Indian Ocean,” the press service quotes head of the Ministry of Transport, Marat Karabaev.
“Therefore, it is necessary to begin the practical implementation of the roadmap signed today for the synchronous development of the potential of the eastern route of the North-South ITC, passing through the territories of Kazakhstan, Russia, Turkmenstan and Iran,” Karabaev noted.
The forum brought together over 440 participants from 12 countries - Azerbaijan, Armenia, Afghanistan, Belarus, Iraq, Iran, UAE, Oman, Russia, Turkmenistan, Uzbekistan, representatives of the Economic Cooperation Organization and the Eurasian Economic Commission.
The forum serves as a platform for discussing current issues in the development of railways, roads, and ports with the participation of the main players in the North-South transport corridor.
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