mtu.gov.ua

The existing tariff of $5,559 per container is almost double the charge for shipping by sea, which ranges between $2,400 and $2,500 per container, according to data of the Ukrainian Ministry of Transport, reads the report.

The hope is that lowering the cost will couple with the route’s shorter transit time — 13 days to 14 days, compared with 22 days to 25 days by sea — to persuade shippers to reroute their cargo.

Read alsoBeijing supports Kyiv's proposal on Trans-Caspian route from China to EuropeThe trans-Caspian route partners have already started talks about setting the new tariff and a final agreement among all the countries involved in operating the route, which are Ukraine, Azerbaijan, Georgia and Kazakhstan, is expected by the end of May.

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