Kazakhstan is poised to make a substantial increase in cargo traffic along the Trans-Caspian International Transport Route (TITR), with a target of 500,000 containers per year by 2030. The significance of the Trans-Caspian route has grown for Kazakhstan’s economic security, especially as exports through Russian territory have become increasingly difficult due to the fallout from the war in Ukraine. In 2022, President Tokayev underscored the importance of fully utilizing the potential of the Trans-Caspian International Transport Route, also known as the Middle Corridor. Compared to the Northern Corridor, the Middle Corridor provides a more cost-effective and faster trade route, reducing travel distance by 2,000 kilometers. The Middle Corridor opens up immense opportunities for cargo traffic in Asia, enabling goods to reach the Middle East, North Africa, and the Mediterranean region by integrating port connections in Türkiye.
Source: The North Africa Journal July 22, 2023 09:12 UTC