According to the Minister of Industry and Infrastructure Development of Kazakhstan Kairbek Uskenbayev, export and transit cargos from Kazakhstan will be redirected to the Trans-Caspian International Transport Route (TMTM) crossing Azerbaijan, Georgia and Turkey.
According to the Russian news agency TASS, Uskenbayev said that Kazakhstan had reached an agreement with Azerbaijan, Georgia and Turkey to create a joint venture on the route as an integrated transport and logistics company.
The Kazakh official said that a container hub on the basis of the free economic zone seaport of Aktau is to be created in order to develop cargo transportation via TMTM.
Kazakhstan has begun working on alternate routes for the transportation of export and transit cargos, along with the authorities’ decision to redirect the freight to Latvian ports due to the war in Ukraine and sanctions imposed against Russia.
The aim of the TMTM, established in October 2016, is to attract transit and foreign trade cargo, as well as develop integrated logistics products via the Trans-Caspian International Transport Route, which runs through China, Kazakhstan, Azerbaijan, Georgia and further to European countries.