Institute of space technique and technology announces technological readiness of IS Transit

02.10.25 12:07
/KASE, October 2, 2025/ – Institute of space technique and technology LLP (KASE ticker – IKTT) reported the following: quote The Institute of Space Technique and Technology LLP (ISTT), the national operator of the transport tracking information system (Transit IS), announces the technological readiness of the Transit IS, key implementation results and scaling plans in connection with the decision of the Eurasian Economic Commission (EEC) to apply navigation seals in the EAEU from 1 February 2026. The EEC Collegium has decided to introduce transport tracking in accordance with the Agreement on the Use of Navigation Seals. The decision strengthens the potential of the Transit IS, expands the geography of control in Eurasian transport and logistics corridors, increases the transparency of cargo flows and reduces the risks of customs legislation violations, contributing to the formation of 'green corridors' for transit. Purpose of the Transit IS The Transit IS is designed to: prevent the illegal movement of goods; reduce transit times by eliminating unnecessary checks en route; increase budget revenues (including VAT) by reducing grey imports and improving tax collection. unquote The full version of the press release in Qazaq – https://kase.kz/files/emitters/IKTT/iktt_relizs_011025_17.pdf The full version of the press release in Russian – https://kase.kz/files/emitters/IKTT/iktt_relizs_011025_15.pdf The full version of the press release in English – https://kase.kz/files/emitters/IKTT/iktt_relizs_011025_16.pdf [2025-10-02]