In 5 months of 2023, the volume of transit traffic through Kazakhstan increased by 42%

The successful development of TMTM requires changes in tariff and regulatory regimes, the development of infrastructure capacity and the development of a coordination mechanism.At the panel session "Middle Corridor: Strengthening Eurasian Ties" at the Astana International Forum, leading world experts discussed improving the efficiency of the Trans-Caspian International Transport Route and noted the key role of Kazakhstan as a transit hub, the press service of KTZ reports. In 5 months of 2023, the volume of transit traffic through Kazakhstan increased by 42%. According to the EBRD Managing Director for Central Asia, Zhuzhanna Hargitai, the Middle Corridor connects large production centers in different countries, and in order to realize the potential of the route and eliminate bottlenecks, it is necessary to interact not only with its participating countries, but also with other key players on the route. Experts agreed that the successful development of TMTM requires changes in tariff and regulatory regimes, the development of infrastructure capacity and the development of a mechanism for coordination and cooperation of all stakeholders.