Source link : https://europ.info/2025/10/02/azerbaijan-kazakhstan-and-georgia-unite-to-establish-single-long-term-tariff-for-middle-corridor/
Azerbaijan, Kazakhstan, and Georgia have reached a landmark agreement to implement a single long-term tariff for the Middle Corridor, a critical trade route linking Central Asia and Europe. This collaborative move aims to streamline transit costs, enhance regional connectivity, and boost the competitiveness of the corridor as an alternative to traditional routes. The deal marks a significant step forward in fostering deeper economic integration among the three countries, promising to facilitate smoother and more cost-effective freight movement across the region.
Azerbaijan Kazakhstan and Georgia Unite to Establish Unified Tariff Framework for Middle Corridor
Azerbaijan, Kazakhstan, and Georgia have taken a landmark step to enhance regional connectivity by finalizing a unified tariff framework for the Middle Corridor. This unified system will ensure a transparent, single long-term tariff applied across all transit services, significantly simplifying logistics and reducing costs for freight operators. The agreement reflects a strategic commitment to boost trade efficiency between Europe and Asia, strengthening the Middle Corridor as a competitive alternative to other Eurasian transport routes.
The agreement includes several key features designed to foster stability and predictability for stakeholders:
- Fixed tariff rates valid for a minimum of five years
- Harmonized pricing policies across borders
- Mechanisms for dispute resolution and tariff reviews
- Enhanced collaboration…
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Author : Atticus Reed
Publish date : 2025-10-02 07:26:00
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