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ECONOMY
- Azerbaijan
Turkey opens new transport route to Azerbaijan and Central Asia-REPORT.AZ

(Read the full article on Report.az)

Turkey is opening a new transport route connecting Azerbaijan and the Turkic republics of Central Asia, Report reported, citing Turkish media.

The new shipping route of the international company P&O Maritime Logistics will connect Central Asia directly to Turkey via the Caspian Sea.

The new route will provide regular container transportation at a lower cost. This will increase trade between Turkey, Russia, and Central Asian markets. The new line, which will use more than one transport vessel, will transport mainly industrial machinery, construction materials, textiles, cosmetics, and marble. The opening of the new sea route will provide a significant advantage for companies operating in these markets.

There is great potential for increasing trade efficiency between Turkey, Russia, and Central Asia.

May 24, 2021

DATA SNAPSHOT

BANKS
- Azerbaijan
Fitch affirms Azerbaijan’s Expressbank at ‘B’, outlook Stable
TRADE
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Uzbekistan’s foreign trade turnover at $13.15 bln in Q1, 2022
ECONOMY
- Belarus
Belarus inflation up 15.9% yr/yr in March-Statistics Committee
ECONOMY
- Georgia
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THE TRIBUNE
- Eurasia
The Tribune suspends publication
HEALTH
- Covid-19
COVID-19 Eurasia Roundup
The Tribune keeps you up-to-date with the latest vaccines and infection data across the region.
OPINION
- Kazakhstan
OPINION-Kazakhstan’s Reforms Should Be More Than Just Show-FOREIGNPOLICY
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