Turkmenistan keen to strengthen Europe-Asia ties by developing Trans-Caspian international transport route
(Photo: middlecorridor.com)

Turkmenistan is committed to the development of the Trans-Caspian International Transport Route to strengthen ties between Europe and Asia, Turkmen Ambassador to Belgium Sapar Palvanov said at a meeting in Brussels to present the capacities of the EU’s Global Gateway initiative, the Turkmen news agency Orient reported on Tuesday.

According to a report of interfax, Turkmenistan plans to further develop transport infrastructure, including the construction of new railways and roads, in addition to active participation in the Global Gateway initiative, Palvanov said.

He noted Turkmenistan’s strategic importance and role in the project due to its geographical location and significant investment in transport infrastructure.

Turkmenistan has invested more than $15 billion in the construction of roads, railways, airports and a seaport since 2015, Palvanov said. The Turkmenbashi seaport, in which $1.5 billion has been invested and which can handle 25 million tonnes of various types of cargo through modern terminals, began operations in 2018.

Turkmenistan is actively working with European partners to attract investment and implement advanced port management practices, Palvanov said.

More than 5,000 kilometres of railways have been upgraded to ensure smooth transport within the country and between regions, he said.

The second phase of construction of the Ashgabat-Turkmenabad highway, some 600 kilometres in length, was recently completed to speed up cargo delivery and improve regional transport, Palvanov said.

Turkmenistan actively participates in international initiatives and forums aimed at developing transport corridors. The projects presented by Turkmenistan at the Brussels Investment Forum attracted the attention of international investors and logistics companies.

The Brussels meeting was attended by senior officials from the European Commission, including the heads of the EU’s Directorate-General for Mobility and Transport, the European External Action Service and some other EU institutions. Ambassadors of Turkey, Azerbaijan, Romania, Kazakhstan and Turkmenistan and heads of transport and logistics research centres also attended the meeting.

The sides discussed the EU Global Gateway initiative and the importance of the Middle Corridor for the sustainable development of transport between Europe and Asia. It was noted that the corridor could facilitate the region’s sustainability and trade growth, especially considering the instability of other routes, the Turkmen Embassy in Belgium said.

It was noted that the Trans-Caspian International Transport Route is seen as an intercontinental route between China and Europe and as a factor in supporting regional trade and adjusting supply chains between the European Union, Turkey, the Caucasus and Central Asia.