The international association on the Trans-Caspian International Transport Route (TCITR) will issue the functional policy for 2017 on Jan. 18, the Azerbaijan Caspian Shipping CJSC said inside a message.
The message says that recently Batumi hosted the 1st meeting in the working group on development of the TCITR. Tariffs around the Trans-Caspian corridor over the China-Europe route via the Caspian Sea were again discussed within the meeting as well as a comparative analysis of other alternative lines with the route was conducted.
“Participants discussed the possibilities to boost the corridor’s competitiveness, eliminate difficulties, that might arise, along with the delivery of cargoes to Central Asia and China and vice versa by way of the Baku-Tbilisi-Kars railway after its commissioning,” says the material. “A final protocol was signed at the end of the meeting.”
The meeting of founders within the TCITR international association also are held on Jan. 18 plus the working policy for 2017 is anticipated to remain approved in this meeting.
In October 2016, Azerbaijan, Kazakhstan and Georgia signed a about the establishment in the TCITR International Connection to its office in Astana. Its activities are aimed toward attracting transit and foreign trade cargo, and even developing integrated logistics products through TCITR.
The Trans-Caspian International Transport Route runs through China, Kazakhstan, Azerbaijan, Georgia and further through Turkey and Ukraine to Europe.