According to the Ministry of Transport, on the morning of September 22, a high-level conference on the Trans-Caspian Sea International Transport Corridor was held in Beijing to focus on high-level dialogues and government-enterprise exchanges on the theme of “Promoting Energy Expansion and Efficiency of the Trans-Caspian Sea International Transport Corridor”. The conference jointly released the “Initiative to Promote Energy Expansion and Efficiency of the Trans-Caspian Sea International Transport Corridor”, which emphasizes that countries along the Trans-Caspian Sea International Transport Corridor should deepen policy coordination, strengthen coordination of policies and regulatory measures in the fields of convenient transportation, cross-border connectivity, port traffic, etc.; strengthen facility connectivity, promote the construction, transformation and upgrading of infrastructure along the route, and encourage enterprises to actively participate in infrastructure upgrading; it is necessary to improve transportation efficiency, develop multimodal transport, promote advanced transport organization models, and reduce overall logistics costs; Customs clearance efficiency should be promoted; cultural exchanges should be strengthened to jointly carry out exchange and cooperation projects; cooperation mechanisms should be improved, relevant conference mechanisms should be studied and established, and enterprises should be encouraged to cooperate at multiple levels.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.