Baku: The Middle Corridor, while geographically the shortest route connecting China to Europe, presents significant challenges as a complex multimodal transport corridor, stated Sergey Revin, CEO of AGB Energi Group, at the II Caspian and Central Asia Oil Trade and Logistics Forum organized by GLENMAR Group, APA-Economics reports.

According to Azeri-Press News Agency, Revin explained that the corridor traverses multiple countries and integrates various transportation modes, including railways, sea routes, and port infrastructure, eventually leading to the Black Sea. This necessitates sequential processing through land border crossings, customs procedures, and other logistical stages.

'The route, spanning approximately 5,000 kilometers to the Black Sea, primarily cuts across Uzbekistan, Turkmenistan, the Caspian Sea basin, Azerbaijan, and Georgia,' Revin highlighted.

Revin stressed that a unified approach and stability are critical for the Middle Corridor's development. He pointed out that if there are delays in Turkmenistan, it hampers infrastructure development in Uzbekistan and Azerbaijan. A comprehensive development plan is essential, where all countries in the region adhere to similar rules and operational standards. Revin noted that fluctuating transportation costs negatively impact business profitability. To address this, he proposed setting fixed prices for one freight transportation year, enabling companies to plan operations accurately and reduce hidden costs.