Donald Trump and Xi Jinping expected to hold trade talks this week
U.S. President Donald Trump and Chinese President Xi Jinping are expected to speak this week to discuss recent trade tensions, White House press secretary Karoline Leavitt said.
The Middle Corridor continues to expand as new member companies join the route, following joint efforts by Türkiye, Georgia, Kazakhstan, Ukraine, and Azerbaijan to develop the corridor.
This was stated by Ufuk Yalçın, General Director and Chairman of the Board of Türkiye’s State Railways (TCDD Taşımacılık), during a press briefing in Baku.
According to him, the Middle Corridor currently serves as the shortest and safest route for freight transportation between China and Europe. "The corridor ensures the fastest and most reliable transportation of goods produced in China to Europe and vice versa," Yalçın emphasized.
He also noted that the Trans-Caspian International Transport Route (TITR) International Association now has more than 20 members.
"As Türkiye, we are consulting with Azerbaijan to strengthen the Middle Corridor. Our goal is to increase freight transportation along the corridor to 2.5 million tons by 2025. This year, we plan to transport approximately 96,000 containers via the Middle Corridor," Yalçın stated.
He further highlighted that, as a result of recent efforts, an official TITR representative office has been established in China. "In 2025 and beyond, we aim to continue developing the Middle Corridor and further increase freight transportation between the West and the East, in addition to the North-South corridors as an alternative route," he added.
Brazil’s economy is expected to have regained momentum in the first quarter of 2025, driven by a surge in household spending and private investment, according to a Reuters poll of economists conducted from May 21–26.
As peace talks progress, voices from Yerevan, Tbilisi, and Baku reveal hopes, concerns, and expectations for a future shaped by trade, trust, and generational change in the South Caucasus.
In a major blow to one of President Donald Trump’s key economic policies, a US federal court has blocked the administration’s sweeping global tariff regime, ruling that the White House overstepped its constitutional authority.
A bridge collapse in the Vygonichsky district of Russia’s Bryansk region, near the Ukrainian border, caused a train derailment and a traffic accident early Sunday, killing at least seven people and leaving 30 injured, according to emergency services.
Ukraine’s Security Service (SBU) has confirmed it carried out a third targeted attack against the Crimean Bridge, also known as the Kerch Bridge, early Tuesday morning, marking a new escalation in the ongoing conflict with Russia.
China on Wednesday sharply criticized U.S. Republican presidential candidate and Secretary of State Marco Rubio over his remarks commemorating the 1989 Tiananmen Square protests, accusing the United States of “distorting historical facts” and attacking China’s political system.
Kazakhstan and Kyrgyzstan have agreed to coordinate efforts in monitoring and controlling locust infestations along their shared border, as concerns mount over potential threats to regional agriculture.
A vibrant cultural exchange fair celebrating the rich traditions of Kazakhstan and China drew large crowds to Abai Square in Almaty this week, offering visitors an immersive experience into the music, cuisine, and crafts of both nations.
Azerbaijan and China are exploring expanded cooperation to increase the number of container block trains traversing the Middle Corridor, a vital East-West freight route linking China with Europe via Central Asia and the South Caucasus.
A devastating drought gripping parts of China’s key wheat-growing regions has severely cut harvest yields for many farmers, raising fresh concerns about agricultural resilience in the world’s largest wheat producer.
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