New studies show how to optimise trade flows with TIR

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IRU and the Economic Cooperation Organization (ECO) have published two studies on the potential of trade corridors linking Kyrgyzstan-Tajikistan-Afghanistan-Iran (KTAI) and Islamabad-Tehran-Istanbul (ITI). 

The studies provide an analysis of the road transport environment with concrete data on trade and transport in these two corridors. They include recommendations on how to improve regional connectivity, enhance TIR capacities in the region and fully implement eTIR.

TIR has already proven to be an important trade facilitation tool in the region. In August, IRU and ECO worked together with IRU members and customs authorities to conduct the first successful TIR pilot along the KTAI corridor , which is now operational.   
Global ECO trade is valued at USD 648 billion, but only 9% of this is intra-regional.  Optimising flows along the KTAI and ITI corridors will unlock regional trade potential and drive economic growth. 

IRU stands ready to support ECO in driving regional trade as it works towards increasing prosperity and improving living conditions throughout the region.

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