Kyrgyzstan and Turkmenistan are strengthening their economic partnership by focusing on trade, energy, and logistics. These efforts will improve supply chain efficiency and create new opportunities for businesses involved in cross-border commerce.
A key initiative is the development of a multimodal cargo transportation route through the Caspian Sea. This corridor will connect Kyrgyzstan to Turkmenistan and extend to Russia and Europe. Both countries plan to introduce reduced tariffs for transport and port services, making the route more cost-effective and improving regional supply chain connectivity.
Energy cooperation remains a priority to ensure stable supplies that support trade and industrial activities. A development fund is also being established to promote joint investment projects that will strengthen economic ties.
Infrastructure improvements and optimized transport networks will help streamline trade, ensuring the efficient movement of goods and reinforcing supply chain resilience. These initiatives highlight a shared commitment to advancing logistics and trade opportunities across the region.
#ICTTMNews #BreakingNews #SupplyChainNews #TradeUpdate #LogisticsInnovation #BreakingNews #GlobalCommerce
