On January 27, President of Kazakhstan Kassym-Zhomart Tokayev took part in the first Central Asia-India Summit. The participants in the online forum gathered at the invitation of Prime Minister of India Narendra Modi, the press office of Akorda reported.
In his speech, the leader of Kazakhstan prioritized concerted efforts to boost trade and economic cooperation and build transport and transit relationships. The President focused on the transport sector, since Central Asia has a huge logistics potential in this sector.
In this context, the President of Kazakhstan emphasised that 11 transnational transit corridors run across Kazakhstan, including 5 rail corridors and 6 highway corridors. These corridors allow supporting the speed of freight forwarding on the East-West and North-South routes. Moreover, the current EAEU customs system facilitates customs operations.
He noted that the modelling of sustained, efficient and safe transit infrastructure should be a pillar of the architecture of connectivity of countries in South and Central Asia. In this context, Tokayev urged to consider the possibility of establishing an interregional transport and logistics consortium.
The President noted that the consortium would help coordinate national strategies for full and profitable loading of transport deltas for all parties towards India and the cargo ports of the Caspian Sea and the Persian Gulf.