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Arzybek Kozhoshev, EEC Minister in charge of Energy and Infrastructure, reported on creating the Eurasian transport corridors and new prospects for their development at the Moscow Economic Forum.

The Minister informed on the initiatives put forward by the Eurasian Economic Commission to create a common market for transport services and a single transport space, including with due regard to establishing new markets and logistics chains.

“There is a global reversal of cargo flows to the East and Asia. Therefore, the traditional international transport corridors passing through the territory of our countries have received a new reading," Arzybek Kozhoshev noted.

The Commission's efforts are aimed at developing the Eurasian transport corridors and implementing priority integration infrastructure projects of the EAEU Member States in the field of transport.

"For this purpose, the Comprehensive Plan for developing the Eurasian transport corridors was also adopted, the list of priority integration infrastructure projects in the field of transport was approved, and the relevant report on creating and developing transport infrastructure in the "East-West" and "North-South" directions, including as part of coupling with the Chinese Belt and Road Initiative, is submitted to the Heads of Government of the Union for consideration on the yearly base," the Minister said.

The Commission and the Union Member States are now actively engaged in developing container and multimodal transportation, implementing digital technologies, and elaborating documents on intelligent transport systems.

"We understand that despite the existing difficulties, the value of the Union's common market of transport services has increased manifold. Today, new opportunities have opened up for developing transportation and ensuring the economic stability of our countries," emphasized Arzybek Kozhoshev, EEC Minister in charge of Energy and Infrastructure.