Turkmenistan applies 20% discounts to Turkey’s Ro-Ro shipments

According to media reports, the Turkmen government announced on March 25 that they will apply a 20% discount to Turkey’s Ro-Ro (roll on / roll off) shipments through the Caspian Sea.

Through cooperation with Turkmenistan, Turkey aims to increase Ro-Ro transportation from Azerbaijan to Turkmenistan bypassing Iran. Turkmenistan, meanwhile, seeks new possibilities of interaction with the Middle East countries, including the Persian Gulf given its advantageous geopolitical location; however, currently, most cargoes are transported through Russia and Kazakhstan to the Black Sea bypassing Turkmenistan.

The country is also considering reducing tariffs in order to attract more shipments.