CrimsonLogic signs MoU to facilitate digital trade flows via Kazakhstan

CrimsonLogic, a member of the PSA Group, has signed a memorandum of understanding (MoU) with KTZ Express, a subsidiary of Kazakhstan Rail Company, and local IT partner Digital Silk Way to establish a digital trade corridor to help facilitate paperless trade for the region.

The proposed initiative will serve the Trans-Caspian route, which starts from Southeast Asia and China, through Kazakhstan, the Caspian Sea, Azerbaijan, Georgia and beyond to Europe.

With the increased trade flow between Asia and Europe, Kazakhstan is centrally positioned to serve as a logistics hub, especially for critical markets such as China.