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The Eurasian Intergovernmental Council reviewed the Report for 2022-2024 on the activities of the Eurasian Economic Union countries on the development of railway, road and port infrastructure that is part of Eurasian transport corridors.

"Eurasian transport corridors are the basis of transport infrastructure in the Union, ensuring the formation of a common transport space and the development of the EAEU transit potential," said Arzybek Kozhoshev, EEC Minister in charge of Energy and Infrastructure.

Eurasian transport corridors account for about 70% of the transit traffic volume in the EAEU, which underlines the importance of synchronizing the development of the national sections in each country.

The Report notes that in accordance with the adopted strategic documents of the Five countries, active work is being carried out to develop Eurasian transport corridors and routes. At the same time, the EAEU states are taking measures to synchronize joint efforts to increase the capacity of sections where it is restricted.

Close trade and transportation ties between the EAEU countries contribute to the economic growth of each of them. In these conditions, the importance of Eurasian transport corridors as a major factor in facilitating foreign trade is growing," Arzybek Kozhoshev said.