Story preview
Topics in this story
Continue reading on the publisher site for the full article.
Read on publisher →IRU | World Road Transport Organisation
News Atlas is free and independent. If it’s useful to you, you can support it with a coffee. ☕ Buy me a coffee
Coverage
Tone
Context from Wikipedia on the organisations, people and places in this story.
Trade route from Southeast Asia and China to Europe
The Middle Corridor, also called the Trans-Caspian International Transport Route (TITR), is a trade route from Southeast Asia and China to Europe via Kazakhstan, the Caspian Sea, Azerbaijan, Georgia and Turkey. It is an alternative to the Northern Corridor through Russia further to north, and the Ocean Route via the Suez Canal further to the south. Geographically, the Middle Corridor is the shortest route between Western China and Europe.
More on Wikipedia ↗Outlets covering it
3
in the last 3 days
First reported
3 days ago
1 outlets since
Countries
2 other outlets reported this story in the last 3 days.
The World Bank’s new report on the Middle Corridor sets out the scale of investment needed to transform the route into a true economic corridor. But its message is equally clear: infrastructure must be matched by trade facilitation, digitalisation and road transport reform.
Kathmandu, Oct 9 (IANS) The devastating floods that struck Nepal on August 26 caused an estimated US$1.66 billion in direct economic damage to physical assets, with infrastructure accounting for 83 per cent of the total, according to a World Bank report.