Between Sumgayit and Aktau the cable runs about 380 km along the bed of the Caspian, and its capacity exceeds 400 terabits a second, Report wrote at 16:22 Baku time. Tokayev called it a project of international resonance and a digital embodiment of the Middle Corridor, Kazinform reported from Akorda. Aliyev said the two had given the start to a global project.
The agreement exchanged by the transport and digital ministers is between the two governments and covers the Trans-Caspian International Transport Route. It forms a single legal basis for the corridor, provides for synchronised expansion of infrastructure, the removal of bottlenecks on rail, road and port sections, and the joint development of a dredging fleet and shipping on the Caspian, Akorda said through Kazinform.
Between Sumgayit and Aktau the cable runs about 380 km along the bed of the Caspian, and its capacity exceeds 400 terabits a second, Report wrote at 16:22 Baku time.
Its digital block covers the integration of information systems, a single window, end-to-end tracing of cargo and a separate agreement on the mutual recognition of electronic signatures. The administrative block provides for advance information, fewer inspections and mutual recognition of authorised economic operators.
A certificate for the purchase of two dry-cargo ships was also presented, between AZCON Holding and Samruk-Kazyna, Report wrote. Kazakhstan’s deputy prime minister Zhaslan Madiev, Azerbaijan’s minister Rashad Nabiyev and Kazakhtelecom’s chairman Bagdat Musin attended the cable ceremony, Kazinform reported.
At their bilateral meeting the two presidents noted the trade’s positive dynamics and confirmed the intention to bring it to $1 billion, Akorda said. Kazakhstan intends, together with Azerbaijan, to raise the volume of Kazakh oil shipped through the Baku-Tbilisi-Ceyhan pipeline, Tokayev told the summit, Report reported at 12:34. Aliyev reminded Tokayev that Azerbaijan had been admitted last year as a full member of the consultative meetings of Central Asian heads of state.
The route’s 2025 tonnage was 4.12 million tonnes against a target of 10 million by 2027, by Bizmedia’s series, and CAW’s longread of 7 October found the Caspian ferries sailing part-empty. The new agreement’s dredging-fleet clause reaches the same bottleneck.