Azerbaijan, Uzbekistan, Kazakhstan, Kyrgyzstan, and Ukraine expand transport cooperation
ℹ️ Browser-based reading · AI studio voice coming soon

Azerbaijan, Uzbekistan, Kazakhstan, Kyrgyzstan, and Ukraine have signed a major agreement under the international transport corridor TRACECA (Transport Corridor Europe-Caucasus-Asia).
The agreement provides for the development of multilateral cooperation in transport and logistics in the region. The document aims to improve connectivity of trade routes between the countries.
Azerbaijan, Uzbekistan, Kazakhstan, Kyrgyzstan and Ukraine signed an agreement on the expansion of the TRACECA transport corridor, which connects Central Asia, the Caucasus and Europe via maritime and land routes. The document aims to simplify customs procedures, develop infrastructure and create an alternative route for cargo transportation bypassing traditional routes.
The expansion of TRACECA could reduce the cost and delivery time of goods for companies engaged in trade between Europe and Central Asia, as well as improve logistics chains through simplified border procedures. For the region, this means new opportunities in international trade and investment, particularly in the context of the reformatting of global trade routes.