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With economic development, environmental, social and governance (ESG) issues are becoming increasingly important for many sectors, including transport. The transport sector is one of the pillars of international trade and the modern world as a whole, and rail transport is a crucial component of this ecosystem.
Central Asia, the Caucasus, Turkey, and Eastern Europe have great industrial infrastructure potential for the development of a rail Middle Corridor. But without China’s geoeconomic policy push, there is therefore still little economic rationale behind the development of corridor