Caspian littoral states have agreed to cooperate closely on facilitating transportation across the sea.
Transport ministers of the five countries — Azerbaijan, Iran, Russia, Kazakhstan and Turkmenistan — met in Tehran earlier this week to discuss ways to enhance cooperation in the region, reported Azerbaijan’s Azer News.
In their final statement, the ministers underscored the need to establish passenger shipping lines among regional states as well as the need to modernize infrastructures for air, sea, land and railway transport across the Caspian Sea.
Other decisions included setting up logistical centers and also increasing the facilities for transiting goods in the region.
Iran said in June that it had launched a shipping line in the Caspian Sea to ferry goods to Russia and Kazakhstan. It said the shipping line was meant to increase the competitiveness of Iranian products in regional markets.
It views transportation facilities across the Caspian as an important step toward the development of the North-South Transport Corridor which connects Oman, Iran, Turkmenistan and Uzbekistan.
In March 2015, President Hassan Rouhani called for serious efforts to materialize the project, stressing that it can serve the economic interests of the countries in the region.
"Iran and Turkmenistan are determined to activate the North-South Corridor… to meet the interests of all countries in the region," he said in a press conference with his Turkmen counterpart, Gurbanguly Berdimuhamedow, in Ashgabat.
Turkmenistan is also looking at the Afghanistan-Turkmenistan-Azerbaijan-Georgia-Turkey transportation route. This was formalized in Ashgabat in November 2014 when a draft agreement was signed. This rail freight route in Central Asia connects Turkmenistan and Afghanistan to the Black Sea, opening up European markets and offering greater cross-regional trading opportunities.
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