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Uzbekistan and Kazakhstan joint venture

Uzbekistan and Kazakhstan will create a joint venture that will be engaged in railway container transportation to China, the Uzbek media reported on September 26.

The relevant agreements were reached during the visit of the Kazakh delegation to Tashkent. The railway administrations of the two countries will be engaged in the organization of the enterprise.

Moreover, Uzbekistan and Kazakhstan agreed to extend the tariff preferences for the transportation of rail cargo until 2019 and to open representative offices of Uzbek Railways in Astana and Aktau.

Earlier it was reported that Uzbekistan and China plan to sign a memorandum of cooperation in railway transport, which will outline the parameters of joint projects and tariff policy.

Read more on AzerNews.





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