Wed 16 Sep 2026
FTSE 100 10,709.93 +0.37%Microsoft 497.12 +0.64%NVIDIA 212.17 -6.01%Apple 331.34 +4.78%Google 341.43 +1.80%S&P 500 7,585.73 -1.14%Nasdaq 25,981.57 -1.66%Dow 52,093.11 -1.31%Russell 2000 2,870.29 -3.04%US 10Y Treasury 4.98% +0.67%Euro Stoxx 50 6,263.63 -0.09%DAX 25,467.29 -0.43%AEX-Index 1,098.79 +0.50%Nikkei 225 63,923.00 -2.07%Hang Seng 24,713.78 -2.22%Gold $4,391.90 -0.39%Silver $65.06 +0.78%Brent Crude Oil $107.52 +2.78%Natural Gas $2.96 +4.59%Copper $6.50 +0.41%GBP/USD 1.3456 -0.71%GBP/EUR 1.1660 +0.12%GBP/AUD 1.8874 +0.59%Bitcoin (USD) $75,739 -1.98%Ethereum (USD) $2,401 -4.96%FTSE 100 10,709.93 +0.37%Microsoft 497.12 +0.64%NVIDIA 212.17 -6.01%Apple 331.34 +4.78%Google 341.43 +1.80%S&P 500 7,585.73 -1.14%Nasdaq 25,981.57 -1.66%Dow 52,093.11 -1.31%Russell 2000 2,870.29 -3.04%US 10Y Treasury 4.98% +0.67%Euro Stoxx 50 6,263.63 -0.09%DAX 25,467.29 -0.43%AEX-Index 1,098.79 +0.50%Nikkei 225 63,923.00 -2.07%Hang Seng 24,713.78 -2.22%Gold $4,391.90 -0.39%Silver $65.06 +0.78%Brent Crude Oil $107.52 +2.78%Natural Gas $2.96 +4.59%Copper $6.50 +0.41%GBP/USD 1.3456 -0.71%GBP/EUR 1.1660 +0.12%GBP/AUD 1.8874 +0.59%Bitcoin (USD) $75,739 -1.98%Ethereum (USD) $2,401 -4.96%
Markets
Advertisement
Follow News in 60 on Facebook
UK Weather
London 18°C CloudyBirmingham 16°C Patchy rain nearbyManchester 16°C Patchy rain nearbyNewcastle 15°C Patchy rain nearbyBristol 16°C Patchy rain nearbyPembroke 15°C SunnyEdinburgh 16°C CloudyBelfast 16°C Patchy rain nearbyInverness 14°C CloudyPenzance 16°C Patchy rain nearbyHolyhead 15°C SunnyNorwich 17°C Patchy rain nearby
More Info

Kazakhstan’s Role in Reviving the New Silk Road

Advertisement
Follow News in 60 on Facebook

Kazakhstan is positioning itself as a key player in the revival of the New Silk Road, particularly through its Middle Corridor project. This initiative aims to create a modern transport network that connects China to Europe, offering a viable alternative to routes through Russia, which have become less reliable due to geopolitical tensions. The Middle Corridor is approximately 3,000 kilometres shorter than the Northern Corridor, significantly reducing transit times for goods.

During President Tokayev’s recent visit to Brussels, discussions highlighted Kazakhstan’s commitment to investing $50 billion in the corridor’s infrastructure by 2030, with nearly $40 billion already allocated. The improvements have cut the journey time from Xi’an to Georgia from 55 days to just 18 days, enhancing trade efficiency between Asia and Europe. This rapid development is crucial for businesses looking for reliable supply chains amid global uncertainties.

Kazakhstan’s strategic investments include modernising railways and expanding port capacities, particularly on the Caspian Sea. The government is also focusing on digitalising transport processes to streamline operations and improve transparency. This digital shift is expected to attract more European partners, making the corridor a central element of the EU’s connectivity agenda.

As the Middle Corridor evolves, it not only strengthens Kazakhstan’s economic position but also reshapes global trade dynamics. The emphasis on infrastructure and digitalisation will likely influence how goods are transported across continents, potentially leading to shifts in trade routes and partnerships in the coming years.

Source: Euronews

Read more Money news →

News Category: Money Tags: europe, infrastructure, kazakhstan, silkroad, trade

Leave a comment

Your email address will not be published. Required fields are marked *