President of Kazakhstan: Trans-Caspian route can halve transportation times from China to Europe

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The use of the Trans-Caspian International Transport Route (TITR) can help halve the time of freight transport from China to Europe, President of Kazakhstan Kassym-Jomart Tokayev said at the opening of the 3rd Belt and Road Forum in Beijing, according to Report.

 

"Today, the Trans-Caspian International Transport Route has become the flagship cooperation project for many states. This transport artery connecting China, Central Asia and Europe can become a continental bridge of the Belt and Road, halving the time of cargo transportation and significantly reducing transport costs," he said.

 

The Trans-Caspian International Transport Route ("Middle Corridor") runs through China, Kazakhstan, the Caspian Sea, Azerbaijan, Georgia and further to European countries. It carries out container transportation using rail and sea transport.

Economy