While the outcomes of the successful early November P-TEC conference by the Atlantic Council in Athens (positioning Greece as the main energy hub for US LNG in the Eastern Mediterranean) are still being celebrated, just a couple of weeks later, Turkey and Iran orchestrated a six-country agreement to expand freight movement along the southern branch of the Eurasian Transit Corridor: on November 21, Turkey, Iran, China, Kazakhstan, Uzbekistan and Turkmenistan signed an agreement that standardizes tariffs, reduces customs frictions, and commits all parties to significant rail upgrades.
AMWAJ Real Estate
