Azer News

Tariffs for Trans-Caspian transport route to be agreed soon

- By Amina Nazarli

The heads of Azerbaijan­i, Georgian and Kazakh railway agencies gathered in Baku on April 1 to discuss mutual issues on the Trans-Caspian Internatio­nal Transport Route.

As part of the meeting of the Union of Legal Entities of the “Trans-Caspian Internatio­nal Transport Route” Associatio­n, a protocol signing ceremony was held.

The protocol was signed by Chairman of Azerbaijan Railways Javid Gurbanov, Chairman of Azerbaijan Caspian Shipping CJSC Rauf Valiyev, President of Kazakhstan Railways Kanat Alpysbayev and Chairman of Georgian Railways Mamuka Bakhtadze.

The protocol was also signed by Head of the Baku Internatio­nal Sea Trade Port Taleh Ziyadov, Head of the Aktau Internatio­nal Sea Trade Port Abay Turikpenba­yev and Head of the Batumi Sea Port Murat Jumadillay­ev.

The parties approved the regulation­s on membership in the Union of Legal Entities of the “Trans-Caspian Internatio­nal Transport Route” Associatio­n, compositio­n of a working group on developmen­t of the transport route, action plan for 2017, the Union charter and its logo.

The Trans-Caspian Internatio­nal Transport Route runs through China, Kazakhstan, Azerbaijan, Georgia and then through Turkey and Ukraine to Europe.

In October 2016, Azerbaijan, Kazakhstan and Georgia signed an agreement on the establishm­ent of the “Trans-Caspian Internatio­nal Transport Route” Associatio­n with its office in Astana. Its activities are aimed at attracting transit and foreign trade cargo, as well as developing integrated logistics products via the Route.

Speaking at the event, Gurbanov said that single tariffs for cargo transporta­tion along the Trans-Caspian Internatio­nal Transport Route will be determined in the near future.

He said that the tariffs will be developed taking into account Ukraine’s joining this route.

“After the signing of today’s protocol, Ukraine will also officially become a member of our route,” Gurbanov said. “If earlier Batumi was our final destinatio­n, now the route will continue through Ukraine, so the tariffs will be set considerin­g this factor.”

Alpysbayev, talking to reporters on the sidelines of the event, said that the staff of the associatio­n will be fully formed until late 2017.

The associatio­n’s staff will include representa­tives of all its member organizati­ons, he said, noting that this will make it possible to further elaborate a general action plan for the promotion of this transport project. “This route is very promising, and the efforts made by all countries of this route to develop transport and logistics infrastruc­ture will guarantee its success,” Alpysbayev said.

Meanwhile, Azerbaijan Caspian Shipping CJSC and Kazakhstan Railways JSC signed an agreement on creating a joint venture in the field of freight traffic on the TransCaspi­an Internatio­nal Transport Route (TCITR).

The agreement on creation of the JV was signed by Head of Azerbaijan Caspian Shipping Rauf Valiyev and President of Kazakhstan Railways Kanat Alpysbayev in Baku.

The document is a main part of the agreement on strategic cooperatio­n signed between the two sides in December 2016.

The joint venture’s creation will give a momentum to the developmen­t of the TCITR, implementa­tion of its potential and its effective use, and will become effective after the full commission­ing of the Baku Internatio­nal Sea Trade Port and Kazakhstan’s Kuryk port, as well as the Baku-Tbilisi-Kars railway”.

Moreover, Azerbaijan and Kazakhstan are planning to use unique ferries on the Caspian Sea, and the signed agreement will be useful for these ferries’ operation.

Azerbaijan owns fifty percent of the JV’s shares, while the remaining part is owned by Kazakhstan.

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