Kazakh President Kassym-Jomart Tokayev has proposed to the European Economic Union (EEU) the construction of a high-speed freight rail link between Kazakhstan and Iran, RIA Novosti reported on May 25.
Tokayev outlined how the railway would run from Chelyabinsk in southern Russia, near the Kazakh border, through to Kazakhstan, Uzbekistan, Turkmenistan and then Iran. The EEU’s members are Russia, Kazakhstan, Kyrgyzstan, Armenia and Belarus.
Tokayev also called for the reconstruction of bottleneck sections of the Beineu-Mangistau railway network and of a segment of the Beineu-Shalkar highway, both in in western Kazakhstan.
Further, he suggested joint investment ventures in the construction of infrastructure in Iran and at Turkmenistan's sea and dry ports.
Journey times from Almaty, Kazakhstan's largest metropolis, to the Iranian border currently stretch to a lengthy three to five days, with the distance approximately 3,500 kilometres.
High-speed freight trains typically travel at speeds between 200 km/h and 350 km/h, compared to the maximum speed 120 km/h of ordinary freight trains.
Egypt and Russia have signed a supplementary intergovernmental agreement to push forward the El-Dabaa nuclear power plant project in Egypt, Al Arabiya reported on July 8, citing a statement from ... more
Non-performing loans (NPLs) in central, eastern and south-eastern Europe (CESEE) fell to their lowest levels since the global financial crisis in 2024, but early indicators suggest rising risks ... more
China’s LNG imports have fallen on a year-on-year basis for the eighth consecutive month, Bloomberg reported on June 26 citing data from Kpler. Imports of the super-chilled fuel in the world’s ... more