Russian govt approves strategy for developing Caspian ports


Central Asia General Newswire

The Russian government has approved a strategy for the development of seaports in the Caspian basin, and railway and road approaches to them for the period to 2030, according to an order published on the Cabinet's website on Saturday.

"The main goal of the strategy is to strengthen Russia's economic and geopolitical presence in the Caspian Sea, expand and deepen economic and cultural ties with countries in the Caspian basin, and create conditions for additional social and economic development of Russia's Caspian region by increasing the freight traffic of international trade passing through ports in the Caspian basin," a memo attached to the document states.

The strategy will be carried out in three stages. The first stage, to 2020, is the preparatory stage; the second, from 2020 to 2025, is the main stage; and the third, from 2026 to 2030, is the prospective stage.

"The implementation of the strategy and fulfillment of its indicators will make it possible to ensure grain export volumes through Caspian basin ports of up to 7 million tonnes by 2030, and cargo traffic volumes of up to 7 million tonnes for other dry cargo; attract Russian tourist traffic of up to 30,000 people per year to the Caspian region; and create more than 2,000 new jobs," the document states.

Vp ak

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