Middle Corridor: what are the economic opportunities and challenges?
Description
As trade volumes between Asia and Europe witness continual growth and geopolitical events disrupt established trade routes, major trading and logistics companies are actively exploring avenues to diversify and optimise transport routes. The Middle Corridor – also known as the Trans-Caspian International Transport Route (TITR) – is a multilateral institutional development linking the containerised rail freight transport networks of the People’s Republic of China and the European Union through the economies of Central Asia, the Caucasus, Turkey and Eastern Europe.
The Middle Corridor is the shortest route from China’s Pacific coast to Europe and was, until recently, considered the second best option to the Northern Corridor (an alternative transport corridor connecting Europe and Asia through Russia) in connecting Europe and Asia, boasting a potential reduction of the transit distance of up to 3000 km. While the full realisation of the Corridor's potential could provide long-term benefits for all participating nations, it is crucial to analyse the economic costs and opportunities associated with overcoming the infrastructure challenges along the route.
This public, online-only discussion will include keynote addresses and a panel from leading experts in the field to explore the following questions: what are the opportunities presented by the Middle Corridor? What are the infrastructure challenges of the Middle Corridor? What are the economic costs of infrastructure development on this route? And what are financing options of infrastructure development on this route?
This event is hosted by ODI’s Global Risks and Resilience (GRR) programme in partnership with the ADBI (Asian Development Bank Institute).
Средний коридор, также известный как Транскаспийский коридор, проходит через Центральную Азию и пересекает Каспийское море. До недавнего времени Средний коридор считался вторым после Северного коридора вариантом соединения Европы и Азии, поскольку, согласно недавнему отчету Европейского банка реконструкции и развития, его потенциальное сокращение составляет до 3 000 км.
Хотя полная реализация потенциала коридора сулит долгосрочные выгоды всем странам-участницам, важнейшим аспектом является анализ экономических затрат и возможностей, связанных с преодолением инфраструктурных проблем на маршруте. В частности, на этом виртуальном круглом столе будут рассмотрены некоторые вопросы, касающиеся этой проблемы.
В ходе мероприятия будут рассмотрены следующие вопросы: Какие возможности открывает Средний коридор?Каковы инфраструктурные проблемы Среднего коридора? Каковы экономические затраты на развитие инфраструктуры на этом маршруте? Каковы варианты финансирования развития инфраструктуры на этом маршруте?
This event will include simultaneous translation in Russian / Это мероприятие будет сопровождаться синхронным переводом на русский язык.
Speakers
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Hans Peter Lankes (Chair)
Managing Director and Deputy Chief Executive, ODI
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Idil Bilgic-Alpaslan
Associate Director, Governance Sector Reforms Team, European Bank for Reconstruction and Development (EBRD)
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Roman Mogilevskii
Senior Economist, Asian Development Bank (ADB)
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Richard Pomfret
Senior Adjunct Professor, The Johns Hopkins University School of Advanced International Studies (SAIS Europe), Bologna, Italy & Professor of Economics Emeritus, University of Adelaide, Australia
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Radkha Meneshova
Head of Project Department, The Chartered Institute of Logistics and Transport Central Asia
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Dolores Tyulebekova
Director of the World Economy Research Center, Economic Research Institute, Kazakhstan
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Dina Azhgaliyeva
Senior Research Fellow, Asian Development Institute (ADBI)
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Elvira Mami
Senior Economic and Risk Analyst, Global Risks and Resilience, ODI
Contact
For further information, please contact:
Elvira Mami, Senior Economic and Risk Analyst, ODI
Dina Azhgaliyeva, Senior Research Fellow, ADBI