Business news from Ukraine

Business news from Ukraine

EU may invest more than 10 bln euros in development of Trans-Caspian transport corridor

28 March , 2025  

European and international financial institutions are ready to invest more than 10 billion euros in the development of the Trans-Caspian transport corridor, EU High Representative for Foreign Affairs Kaja Kallas said at a press conference in Ashgabat, Turkmenportal.com reported.

“The development of the Trans-Caspian Transport Corridor is a major ongoing project. European and international financial institutions are ready to invest more than 10 billion euros in this project,” Kallas said during a press conference on the 20th European Union-Central Asia Ministerial Meeting held in Ashgabat on March 27.

Kallas emphasized the growing desire for cooperation between the EU and Central Asian countries.

The EU plans to expand cooperation in various areas, she said.

Kallas emphasized the development of youth exchanges and strengthening contacts in business and academia.

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