Middle Corridor: What Are the Economic Opportunities and Challenges? As trade volumes between Asia and Europe witness continual growth and geopolitical events disrupt established trade routes, major trading and logistics companies are actively exploring avenues to diversify and optimize transportation routes for enhanced sustainability. The Middle Corridor, also known as the Trans-Caspian Corridor, spans through Central Asia and traverses the Caspian Sea. The Middle Corridor was, until recently, considered the second-best option to the Northern Corridor for connecting Europe and Asia, boasting a potential reduction of up to 3,000 km, according to a recent report by the European Bank for Reconstruction and Development. While the full realization of the corridor's potential promises long-term benefits for all participating countries, a crucial aspect is the analysis of the economic costs and opportunities associated with overcoming the infrastructural challenges along the route. Specifically, this virtual roundtable explored some questions regarding the issue. Program and Learning Materials 23 January 2024 Session / Activity Title Speaker(s) More information can be found here. Disclaimer The views expressed on this website are those of the authors and do not necessarily reflect the views and policies of the Asian Development Bank (ADB) or its Board of Governors or the governments they represent. ADB does not guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequence of their use. By making any designation of or reference to a particular territory or geographic area, or by using the term “country” in this document, ADB does not intend to make any judgments as to the legal or other status of any territory or area. Event Coordinator/s Dina Azhgaliyeva Kumiko Suzuki ADB Organizer/s ADBI Read Also ADBI Event Page East-West Logistics Forum: Transport Corridors in the CAREC Region: Supply Chain Resilience and Trade Facilitation Unlocking Transport Connectivity in the Trans-Caspian Corridor Middle Corridor: what are the economic opportunities and challenges? ADBI 2021 Unlocking Transport Connectivity in the Trans-Caspian Corridor EBRD June 2023 Sustainable transport connections between Europe and Central Asia World Bank Nov 2023 The Middle Trade and Transport Corridor ADB 2023 Diversifying Trade Flows and Transport and Transit Routes OECD Survey for Individual Companies : Middle-Corridor Use and Potential Partner Organization/s Overseas Development Institute (ODI) Topics Economics Industry and Trade Regional Cooperation and Integration Transport