Azerbaijan, Georgia and Kazakhstan have agreed to establish a railway consortium to ensure smooth movement of Chinese goods to Europe via the Trans-Caspian International Transport route, Bakytzhan Sagintayev, the First Deputy Prime Minister of Kazakhstan said.
“The railway departments of the three countries agreed that this railway consortium will provide the movement of goods from Chinese ports to the Georgian port of Batumi and then – to Turkey and further to Europe. This is a very profitable transit route for all parts, and we all are very interested in establishing such a consortium,” Sagintayev said.
The Trans-Caspian route enjoys an opportunity to become attractive and profitable for consignors from European countries. This route will transport approximately 300,000-400,000 containers by 2020
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