Uzbekistan Railways pushes development of Central Asia – South Caucasus – Anatolia CASCA+ transit corridor

By bne IntelliNews June 2, 2024

Uzbekistan Railways has put forward a proposal to establish a consortium to coordinate the activities of the Central Asia –South Caucasus – Anatolia (CASCA+) transit corridor.

The matter was raised at a CASCA+ meeting of representatives of the railway administrations of Uzbekistan, Kyrgyzstan, Turkmenistan, Azerbaijan, Georgia and Turkey on the development of freight traffic along the corridor held last week.

Projects that could develop the transit route were discussed.

One proposal put forward was a plan to establish transportation of perishable (fruit and vegetable) cargoes in refrigerated containers along the CASCA+ corridor and create a system of online monitoring of wagon and container corridor location.

An ultimate goal of CASCA+ is to connect the transport route to China and the countries of Southeast Asia in the east and countries of Europe in the west.

A difficulty is that efforts to realise the long-sought China-Kyrgyzstan-Uzbekistan (CKU) appear to be going nowhere fast.

Related Articles

IMF says Azerbaijan’s banking sector stronger but systemic vulnerabilities persist

The International Monetary Fund (IMF) has concluded that Azerbaijan’s financial system has made considerable progress in strengthening resilience since the 2015 oil price shock and 2020 COVID-19 ... more

Azerbaijan’s banking sector assets reach AZN27.88bn with a 2.55% NPL ratio in March 2025

The Azerbaijani banking sector has demonstrated remarkable resilience and steady growth in recent years, despite global economic challenges, according to the latest central bank ... more

Azerbaijani banks report mixed financial performance in Q1 2025

Azerbaijan’s leading commercial banks released their financial results for the first quarter of 2025, showing a mixed performance in profitability, digitalisation, credit growth and capital ... more

Dismiss