Saturday, November 2, 2024

European Union: Trans-Caspian Transport Corridor – Renaissance of the Silk Road

Must read

On 30-31 of May, the high-level mission led by Mr Henrik Hololei, Hors Class Adviser of the Directorate General for International Partnerships of the European Commission, took place to the Republic of Tajikistan.

 

The EU announced the overall commitment to invest EUR 10 billion in sustainable transport connectivity in Central Asia as combined contribution from international partners. The European Commission under the EU Global Gateway strategy is preparing a regional transport programme in support of the Trans-Caspian Transport Corridor (TCTC).

 

The Investors Forum on Sustainable Transport Connectivity between Europe and Central Asia gathered in January 2024 in Brussels representatives of the public and private sector, investors and financial institutions. The five Central Asia Countries expressed their political commitments to enhance transport corridors and so enhance and reinforce regional connectivity.

During his visit to Central Asian countries in April-May 2024, Mr Hololei conducted a series of bilateral meeting with the Central Asia countries, exploring how to transform the political action into tangible investments.

 

Mr Henrik Hololei during his mission to Tajikistan met with the stakeholders relevant for discussions on the TCTC and the upcoming launch of the Coordination Platform which is planned for 12 of June; and contributed to the preparation of the EU’s future transport programme for Central Asia. Mr Henrik Hololei  also collected information on joint initiatives in the region and identified methods for enhancing coordination among stakeholders in the region’s transport sector to facilitate future investments in the Trans-Caspian Transport Corridor.

Latest article