Baku International Sea Trade Port CJSC (Port of Baku) jointly with the Organization for Security and Cooperation in Europe (OSCE) has launched the project "Promoting Green Ports and Connectivity in the Caspian Region". The next meeting of the Working Group was held.
Members of the Working Group, which includes public and private transport companies in the country, Thomas Kargl, member of the oversight board of the Rail Cargo Group, a subsidiary of the Austrian Federal Railroad (TRB) shared opinions on the company's activities and increasing freight traffic. They also exchanged views on the development of the Caspian International Transport Route (Medium Corridor). The Working Group has been informed that there is a need to transport 1.5 million containers a year in the East-West direction, and the number of containers transported between Europe and China is 600,000. This year, the Chinese government plans to transport 150 trains from Xi'an to Europe via the Baku Corridor through the Mediterranean and through Turkey. Thomas Kargl, Board Member of “Rail Cargo Group”, announced that the first test train launched from Xian via the Middle Corridor in October 2019, was successful and shows the competitiveness of the middle corridor.
Therefore Rail Cargo Group together with the Port of Baku plan in 2020 to launch new products from Europe through the Port of Baku to Central Asia and China and vice versa. RCG believes that the Middle Corridor has huge potential for substantial and regular cargo flow from Europe to China and vice versa.READ MORE