Tuesday 23 June 2026
FTSE 100 10,359.66 -1.28%FTSE 250 22,909.95 -1.79%UK FTSE All Share 5,567.34 -1.32%FTSE Small Cap 7,868.16 -0.39%FTSE AIM All-Share Index 786.52 -2.17%Microsoft 367.34 -5.99%NVIDIA 208.65 +1.69%Apple 297.01 +2.02%Tesla 405.05 -0.34%Amazon 232.79 -2.41%Google 348.78 -2.62%S&P 500 7,472.79 +0.56%Nasdaq 26,166.60 +1.07%Dow 51,712.71 +1.00%Russell 2000 3,004.40 +2.05%CBOE Volatility Index 17.28 -6.29%US 10Y Treasury 4.51% +0.90%US 30Y Treasury 4.95% -0.48%US 5Y Treasury 4.29% +2.36%US 13w Treasury 3.68% +1.71%Euro Stoxx 50 6,249.45 -0.80%DAX 25,139.69 +0.92%CAC 40 8,318.56 -1.33%AEX-Index 1,067.96 -1.36%IBEX 35 19,497.80 +0.39%Nikkei 225 69,788.38 -0.16%Hang Seng 23,315.73 -6.15%SSE Composite Index 4,106.25 +0.35%Taiwan Weighted 47,100.65 +2.82%KOSPI Composite Index 8,203.84 -5.99%Gold $4,139.90 -5.02%Silver $62.52 -11.57%Brent Crude Oil $76.77 -3.49%Natural Gas $3.29 +4.74%Copper $6.23 -3.89%Dollar Index 101.02 +0.93%GBP/USD 1.3246 -1.34%GBP/EUR 1.1581 +0.16%GBP/AUD 1.9036 +0.19%EUR/USD 1.1436 -1.50%Bitcoin (USD) $62,947 -0.93%Ethereum (USD) $1,692 -1.11%XRP (USD) $1.1143 -1.94%Solana (USD) $70.35 +0.90%TRON (USD) $0.3316 +2.46%FTSE 100 10,359.66 -1.28%FTSE 250 22,909.95 -1.79%UK FTSE All Share 5,567.34 -1.32%FTSE Small Cap 7,868.16 -0.39%FTSE AIM All-Share Index 786.52 -2.17%Microsoft 367.34 -5.99%NVIDIA 208.65 +1.69%Apple 297.01 +2.02%Tesla 405.05 -0.34%Amazon 232.79 -2.41%Google 348.78 -2.62%S&P 500 7,472.79 +0.56%Nasdaq 26,166.60 +1.07%Dow 51,712.71 +1.00%Russell 2000 3,004.40 +2.05%CBOE Volatility Index 17.28 -6.29%US 10Y Treasury 4.51% +0.90%US 30Y Treasury 4.95% -0.48%US 5Y Treasury 4.29% +2.36%US 13w Treasury 3.68% +1.71%Euro Stoxx 50 6,249.45 -0.80%DAX 25,139.69 +0.92%CAC 40 8,318.56 -1.33%AEX-Index 1,067.96 -1.36%IBEX 35 19,497.80 +0.39%Nikkei 225 69,788.38 -0.16%Hang Seng 23,315.73 -6.15%SSE Composite Index 4,106.25 +0.35%Taiwan Weighted 47,100.65 +2.82%KOSPI Composite Index 8,203.84 -5.99%Gold $4,139.90 -5.02%Silver $62.52 -11.57%Brent Crude Oil $76.77 -3.49%Natural Gas $3.29 +4.74%Copper $6.23 -3.89%Dollar Index 101.02 +0.93%GBP/USD 1.3246 -1.34%GBP/EUR 1.1581 +0.16%GBP/AUD 1.9036 +0.19%EUR/USD 1.1436 -1.50%Bitcoin (USD) $62,947 -0.93%Ethereum (USD) $1,692 -1.11%XRP (USD) $1.1143 -1.94%Solana (USD) $70.35 +0.90%TRON (USD) $0.3316 +2.46%
Advertisement
Follow News in 60 on Facebook
UK Weather
London 19°C Patchy rain nearbyBirmingham 18°C Patchy rain nearbyManchester 19°C SunnyNewcastle 21°C SunnyBristol 21°C Partly cloudyCardiff 21°C SunnyEdinburgh 17°C OvercastBelfast 18°C Partly Cloudy

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 *