Analysis of Common Governance Transport System Development Possibilities in the East-west Transport Corridor

Abstract

Abstract Equitable access to efficient economic infrastructure and effective public services is essential to achieving the future economic growth. Insufficient transport infrastructure and long border crossing procedures limiting international accessibility for goods and passengers are the biggest present problems in the East-West transport corridor. The joint action plan must highlight the areas and components of the transport system, which are important for the effective interconnectivity of the individual networks, and/or for absorbing the steadily increasing intraregional and transcontinental freight flows. The successful East-West transport corridor activities' governance first of all needs to identify the corridor's administrative structure, non-governmental organizations' (NGO) place in the management structure, partnerships between the transport hubs in the EWTC mechanism and the possibility of cooperation between private and public sectors. The latest events and constantly changing environment show that the impact of political solutions on business is prevalent in the CIS and the EU countries. Thus, the analysis of economic, political, managerial, legal, even moral aspects that affect the interests of the stakeholders remain significant.