Bulgaria can open "New Silk Road" to Central and Western Europe

  30 April 2018    Read: 1863
Bulgaria can open "New Silk Road" to Central and Western Europe

Bulgaria could become a bridge for Chinese cargo and open the "New Silk Road"(One Belt One Road Initiative) to Central and Western Europe, said the country’s Transport Minister Ivaylo Moskovski in response to a question on the Trans-Caspian transport corridor, the novinite.ru website said.

The Minister reminded that on November 7, 2013, the leaders of three of the leading companies in the region - "National Kazakh Company Temer Zolly AD, Azerbaijani Railways AD and Georgian Railways JSC are united around the idea of establishing a Coordination Committee for the development of the Trans-Caspian International Transport Route in order to increase the freight flows between Europe and Asia.

In April 2016, KTZ Express, ADY Express, GR Logistics and Terminals, Azerbaijan Caspian Ship Company AD and ADY Container signed an agreement to set up an International Trans-Caspian Transport Consortium with the following tasks: developing logistics products with a high degree of customer orientation, searching for customers both to the east and west to increase the efficiency of using the available rolling stock, organizing and monitoring the container transport of TMTM, establishing a long-term partnership with foreign partners in the main trading countries of the Consortium, attracting more freight traffic to use the TMTM and its services.

From the beginning of 2016, BDZ - Freight Transports Ltd. has been negotiating to join the project for the development of the Trans-Caspian International Transport Route, thanks to its strategic geographic location, Bulgaria could become a bridge for Chinese cargoes and open " New Silk Road" to Central and Western Europe, Moskovski said.


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