Ashgabat Flashcards
The Ashgabat Agreement is a multimodal transport and transit
corridor signed in 2011 by Kazakhstan
Uzbekistan
Oman
and Qatar 1.The agreement came into effect in 2016
India joining in 2018 1. Its primary goal is to facilitate the
transportation of goods between Central Asia and the Persian Gulf.
enhancing regional connectivity and trade 1.
Key Points:
- Objective: To create an international transport and transit
corridor
improving connectivity between Central Asia and the
Persian Gulf 1.
- Members: Initially signed by Uzbekistan
Turkmenistan
Oman
and Qatar 1. Kazakhstan and Pakistan joined later
India became a member in 2018
- Synchronization: The agreement aims to synchronize with other
regional transport corridors
such as the International North-South
Transport Corridor (INSTC) 1
- Infrastructure: Focuses on enhancing road
rail
infrastructure to ease the movement of goods and people 2
- Economic Impact: Reduces trade barriers
simplifies customs
procedures
and promotes investment opportunities to boost
economic cooperation 2
The Ashgabat Agreement is a significant step towards improving
regional connectivity and fostering economic growth in the Eurasian
region 2
What do you think about this initiative?
1 en.wikipedia
org
2 testbook.com
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