Economy
Posted: 2 months ago

''In Light of Russian Sanctions, Kazakhstan will Transport Cargo through Caspian Sea Via Georgia''

Against the background of sanctions against Russia, the Kazakh authorities have developed alternative ways of transporting export and transit cargo. This was announced by the Minister of Industry and Infrastructure Development of the Republic Kairbek Uskenbayev at a government session on Tuesday. The information is published by Russian Tass.

"We have developed alternative routes and corridors for the transportation of export and transit goods. The ministry has taken swift measures to prevent delays in the logistics supply chain of goods," he told the Russian Tass.

According to him, the export cargo will be diverted to Latvian ports and the Trans-Caspian International Transport Route (TMTM).

"Agreement has been reached within the framework of TMTM with Azerbaijan, Georgia, and Turkey on the establishment of a joint venture on the route through a joint transport logistics company. 

Uskenbayev added that in order to support the railway sector of Kazakhstan, state support instruments have been introduced to provide loans to railway wagon operators in the form of subsidies of up to 10% for the purchase of locally produced wagons.

"Under this program, up to 3,500 installation platforms and more than 2,000 freight wagons have been purchased. Also this year, the Kazakh Railway plans to purchase an additional 1,500 freight wagons," the minister said.

Until now, Kazakhstan used to transport railway cargo mainly through the Russian railway.