BAKU, Azerbaijan, April 2. Azerbaijan and
Kazakhstan have agreed to establish a joint venture aimed at
advancing dredging operations and maritime infrastructure
development through a shareholders' agreement between AZCON Holding
and Samruk-Kazyna Invest LLC, a subsidiary of Samruk-Kazyna,
Trend
reports.
Azerbaijan’s Minister of Digital Development and Transport,
Rashad Nabiyev, wrote about the initiative in a post on his
official X page.
“We held a meeting with Nurlan Zhakupov, who is on a business
visit to our country.
During the meeting, we discussed the current state and prospects
of bilateral ties in transport and logistics. We also exchanged
views on the results achieved and key objectives within the joint
project on dredging operations at ports in Azerbaijan and
Kazakhstan,” the post said.
So far, Azerbaijan and Kazakhstan have established a series of
agreements pertaining to maritime and transport sectors, aimed at
enhancing the Trans-Caspian International Transport Route (Middle
Corridor), facilitating energy transit, and bolstering maritime
security. Recent accords encompass the reciprocal acknowledgment of
maritime personnel certification diplomas and strategies for
collaborative enterprises aimed at amplifying freight movement,
alongside substantial petroleum transit pacts established since
2006.
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