Kazakh President: Kazakhstan, Azerbaijan and Georgia work on developing unified long-term tariff model for Middle Corridor

Kazakhstan, Azerbaijan and Georgia are working on the creation of a unified long-term tariff model within the development of the Middle Corridor, Kazakh President Kassym-Jomart Tokayev said during a meeting with Eduard Sigrist, Senior Vice President of Mediterranean Shipping Company (MSC).

According to the President of Kazakhstan, alongside the development of a unified tariff model, the parties are implementing a number of major infrastructure projects. These include the expansion of the Caspian Sea cargo vessel fleet, joint dredging operations with Azerbaijan, and the modernization of the Kuryk port.

At a meeting with MSC management, prospects for mutually beneficial cooperation in the fields of transport and logistics were discussed. Particular attention was paid to increasing the level of containerization, which will significantly increase cargo turnover.

Tokayev highly praised the presence of one of the world’s leading container shipping companies in the Kazakhstan market, noting that the development of the Middle Corridor is currently a strategic priority for the country.

The Kazakh president welcomed MSC’s interest in investing in port infrastructure on the Caspian coast, emphasizing that such projects will significantly enhance the route’s competitiveness and contribute to growing freight volumes between Asia and Europe.

In turn, the Senior Vice President of MSC shared the company’s long-term investment plans with the President, which include investments in logistics terminals, railway assets, port infrastructure and maritime services, and air cargo transportation in Kazakhstan.