A new rail agreement between Pasifik Eurasia and a China Railway subsidiary is set to strengthen the Middle Corridor trade route, offering a faster and cheaper alternative to shipments via Russia.
Pasifik Eurasia Lojistik has signed a strategic agreement with a subsidiary of China Railway to launch cargo train services through the Middle Corridor, connecting China to Europe via Türkiye while bypassing Russia. Initially, ten train services will run under the partnership, with plans to expand to 1,000 annually.
The Middle Corridor—linking China with Europe through Kazakhstan, Azerbaijan, Georgia, and Türkiye—has gained traction as a Western-backed alternative to the northern route through Russia. The new rail services are expected to significantly boost freight volume along this corridor.
Transit time will also be shortened from an average of 40–53 days via Russia to 25–35 days using the Middle Corridor, further enhancing its appeal for trade between China and Europe.
U.S. President Donald Trump's threat of imposing trade tariffs on European countries is a maximalist move designed to force concessions on Greenland, ...
Afghanistan and Qatar have signalled interest in expanding cooperation in investment and agriculture during talks in Doha, as Afghanistan’s defence ...
Five skiers were killed in a pair of avalanches in Austria’s western Alpine regions on Saturday, with two others injured, one critically....
Uzbekistan is entering what regulators describe as the most complex phase of its banking reform, as the country moves to align its financial system wi...
The German and French finance ministers said on Monday that European powers would not be blackmailed and that there would be a clear and united respon...
Speaking on Armenian public radio on 9 January, Armenia’s Minister of Economy Gevorg Papoyan made some important announcements for 2026. Among them, discussions between Yerevan and Baku over the range of products Armenia can potentially export to Azerbaijan.
Media accreditation has opened for the 13th session of the World Urban Forum, the United Nations’ flagship conference on sustainable urban development, which will be held in Baku from 17 to 22 May 2026.
President of Azerbaijan, Ilham Aliyev, visited the Alley of Martyrs to honour the memory of those killed on 20 January, 1990, when Soviet army units and internal security forces entered the capital city.
Fitch Ratings, one of the world’s three major credit rating agencies, says the start of trade and economic relations between Armenia and Azerbaijan could improve Armenia’s economic prospects, citing reduced geopolitical risks following recent steps towards peace.
Italian Prime Minister Giorgia Meloni said on Saturday (17 January) that concerns over security in Greenland should be addressed within the framework of NATO, describing a ground military intervention as highly unlikely.
Elon Musk is seeking up to $134 billion from OpenAI and Microsoft, arguing that the companies profited unfairly from his early support of the artificial intelligence firm, according to a court filing made public on Friday.
European leaders voiced growing alarm on Sunday over U.S. threats to impose tariffs on eight NATO allies, warning the move could destabilize transatlantic relations and heighten tensions in the Arctic.
Trump administration officials held months-long discussions with Venezuela’s hardline interior minister Diosdado Cabello before the U.S. operation that led to the seizure of President Nicolás Maduro, according to multiple people familiar with the matter.
Syrian President Ahmed al-Sharaa has signed a decree recognising Kurdish language rights, as government forces advanced against U.S.-backed Kurdish-led fighters despite U.S. calls for restraint.
Afghanistan and Qatar have signalled interest in expanding cooperation in investment and agriculture during talks in Doha, as Afghanistan’s defence chief attended a major regional defence exhibition.
U.S. President Donald Trump's threat of imposing trade tariffs on European countries is a maximalist move designed to force concessions on Greenland, according to geopolitical analyst Ana Evans.
The German and French finance ministers said on Monday that European powers would not be blackmailed and that there would be a clear and united response to U.S. President Donald Trump's threats of higher tariffs over Greenland.
An explosion at a steel plate factory in China's northern region of Inner Mongolia killed two people and injured 84, Inner Mongolia Baotou Steel Union said on Monday, adding that eight are missing.
Japan’s Prime Minister Sanae Takaichi said on Monday (19 January) she would call a snap national election on 8 February, seeking a popular mandate for higher public spending, tax cuts and a new security strategy expected to accelerate Japan’s defence build-up.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment