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Abu Dhabi ad port group An agreement on the Caspian Sea was signed with Kazakhstan on Wednesday.
AD Ports Group will form a joint venture with Kazmortransflot, a subsidiary of Kazakhstan’s state-owned oil and gas company KazMunayGas. Both will provide shipping and offshore services in the Caspian Sea. AD Ports Group specifically mentioned the following services in a press release:
- Offshore support for vessels at sea
- Subsea solutions, which can refer to underwater equipment used for ocean exploration or seabed mineral extraction
- loading container
- “ro-ro” means transport wheeled vehicle
- crude oil transportation
A spokesman for AD Ports Group did not respond to Al-Monitor’s request for more information.
Why it matters: Both the Caspian Sea and Kazakhstan are strategically important regions for Middle Eastern countries. The Islamic Republic of Iran is particularly interested in establishing strong trade relations with Kazakhstan. in June, iran and kazakhstan A railway network connecting Kazakhstan and Turkey was opened through Iran.
Iran is trying to promote International North-South Transport Corridor as an alternative to the Suez Canal. This trade route runs from Russia to India and includes road, rail and shipping routes.this the caspian sea is part of the corridoraccording to the Ministry of Digital Development and Transport of Azerbaijan.
Kazakhstan, Iran, Russia, Azerbaijan and Turkmenistan share borders with the Caspian Sea. Relations between Turkey and Kazakhstan are also good. In May, the two countries signed an agreement Joint UAV Production.
learn more: Some Middle East leaders visit Kazakhstan Participated in the Conference on Interaction and Confidence Building Measures in Asia in October. Russian President Vladimir Putin met with the leaders of Turkey, Qatar and the Palestinian Authority during the event.
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