Container shipment from Asia to Europe via Middle Corridor to be exempt from taxes

No tax will be applied to container transportation from Asia to Europe or vice versa, if the Middle Corridor (Trans-Caspian International Transport Route) becomes a green corridor in the future, Taleh Ziyadov, CEO of Baku International Sea Trade Port CJSC, said, according to Report.

Ziyadov noted that the issue of green port should be viewed from the perspective of greening the Middle Corridor:

"In the future, intercontinental trade will be monitored through which supply chain the containers go. Therefore, we should turn the Middle Corridor into a green corridor. In this case, many companies will choose the Middle Corridor."

The Trans-Caspian International Transport Route (TITR or Middle Corridor) is a vital international transport corridor that spans across China, Kazakhstan, the Caspian Sea, Azerbaijan, Georgia, and onward to Türkiye and European countries.

In 2023, more than 2.7 million tons of cargo were transported on this route, which is 86% more than in 2022. The prospective plan for 2024 is about 4 million tons.