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Kazakhstan joins Ashgabat Agreement on transit transport

The Coordination Council of the participating countries of “Ashgabat Agreement” has accepted Kazakhstan’s accession to the international transit and transport corridor “Uzbekistan-Turkmenistan-Iran-Oman”. Ashgabat Agreement is a transit agreement established in year 2011 between countries of Uzbekistan, Iran, Turkmenistan and Oman.

The economic advancement of China, Central Asia, Iran and other Persian Gulf countries creates an opportunity for reorientation of the freight traffic from the traditional sea route to land transcontinental routes. According to  Askar Mamin, the President of JSC “Kazakhstan Temir Zholy “, Kazakhstan sees great potential to attract additional freight traffic in the region of the Ashgabat Agreement member-states.

In 2014, the volumes of rail transport within the countries of Ashgabat Agreement increased  to more than 25 million tons of cargo, 10% more compared to previous year. By 2020, it is expected that the volume of traffic between Kazakhstan and the Ashgabat agreement to reach more than 40 million tons per year.

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