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Two of Central Asia’s strongest economies have applied for funding for a regional link

Published 18. June, 2024 - 10:01 GMT+0000
Two of Central Asia’s strongest economies have applied for funding for a regional link

The first representative of the Ministry of Transport of Uzbekistan, M. Omarov, met with representatives of the European Commission delegation within the framework of the Trans-Caspian International Transport Corridor Coordination Platform. Uzbekistan is seeking a stronger transport infrastructure in the region, which could be helped by the construction of the Kyzylorda (Kazakhstan) – Uchkuduk (Uzbekistan) railway line.

The creation of a modern link between these cities would benefit the whole region in terms of integration and trade relations. However, the construction of the railway would also make a significant contribution to strengthening the idea of the Trans-Caspian International Transport Corridor. The latter is often mentioned when dealing with the current logistical situation in the region in relation to the interests of the European Union and exports from China.

Uzbekistan has applied to the European Bank for Reconstruction and Development and the European Investment Bank for funding for this project as part of the coordination platform. The project is being prepared jointly by the Ministries of Transport of Uzbekistan and Kazakhstan.

www.mintrans.uz  

Published 18. June, 2024 - 10:01 GMT+0000
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