Kazakhstan Increasing Shipping Cargo Volumes as Access to EAEU Markets Eases

Kazakhstan Increasing Shipping Cargo Volumes as Access to EAEU Markets Eases

Kazakhstan will increase its shipping cargo volumes as it receives shorter time to obtain export permits to Armenia, Belarus, Kyrgyzstan and Russia.

The move comes as an agreement on intergovernmental shipping was signed between Eurasian Economic Union (EAEU) member countries on Feb. 1st.

Expert at the Kazakh Ministry for Investments and Development, Zhasulan Kerimbaev said Kazakhstan is obtaining access to sea through the Russian territory. Currently, the country delivers cargo through the Black and Mediterranean Seas.

“We need to notify the Government bodies about the route of the Kazakh ships in order to receive the permission to cross the border,” Kerimbaev said.

Based on the new agreement, Kazakhstan will increase its cargo volume to 350,000 tonnes. In 2018, the country shipped 55,000 tonnes of cargo.

According to experts, the new agreement will have a favorable impact on the EAEU member countries, particularly Kazakhstan which has no direct access to the sea.

Photo: informburo.kz