BAKU, Azerbaijan, April 24. Representatives of the State Customs Service of Turkmenistan met with representatives of the Asian Development Bank (ADB) and the Central Asia Regional Economic Cooperation (CAREC) Program on the CAREC Advanced Transit System and Information Common Exchange (CATS/ICE) project, Trend reports with reference to the State Customs Service of Turkmenistan.
During the meeting, the parties discussed further practical steps for implementation, reviewed the text of the Memorandum of Understanding on CATS/ICE, and also announced the appointment of the State Customs Service of Turkmenistan as the coordinating body for this project.
CATS/ICE is an Electronic System for controlling the movement of transit goods through the CAREC member States (Afghanistan, Azerbaijan, People's Republic of China, Georgia, Kazakhstan, the Kyrgyz Republic, Mongolia, Pakistan, Tajikistan, Turkmenistan, and Uzbekistan), modeled on the New Computerized Transit System (NCTS) of the EU.
The aim of the project is to increase the security of the supply chain in the CAREC region, as well as to reduce the overall costs of transit trade.
