The signing of a quadrilateral intergovernmental agreement creating the Caspian Sea-Black Sea international transport corridor is scheduled for September 2024 in Bucharest., Türkmendeňizderýaýollary agency reported on Saturday.
Representatives of the Türkmendeňizderýaýollary agency participated in a meeting on May 30, 2024, to discuss the project of the quadrilateral intergovernmental agreement on the creation of the Caspian-Black Sea international transport corridor via video conference.
During the meeting, the Turkmen side expressed support for the initiative to create the Caspian-Black Sea international transport corridor and expressed readiness to actively participate in the development of the agreement project.
According to the report, the creation of the Caspian Sea-Black Sea international transport route agreement will open up new opportunities for the development of trade relations between the countries of the region, increase cargo turnover along the Caspian Sea-Black Sea route, and reduce transportation costs and delivery times.
