BAKU, Azerbaijan, March 12. The Middle Corridor
is a vital component of the resilience of the international trade
system, Binali Yildirim, Chairman of the Council of Elders of the
Organization of Turkic States (OTS), said at the opening of the
13th Global Baku Forum on "Bridging Divides in a World in
Transition," Trend reports.
“Recent global events have once again highlighted the importance
of alternative routes. The ongoing war between Russia and Ukraine
has significantly affected traditional transport routes across
Eurasia. At the same time, tensions in the Middle East, including
confrontations involving Iran, the United States (U.S.), and
Israel, continue to create uncertainty in the global energy market
and international trade,” Yildirim said.
“These developments remind us how vulnerable global supply
chains are amid rising geopolitical tensions. In this context,
diversified and reliable transport corridors are especially
valuable for regional and global economic stability. The Middle
Corridor thus represents not only an economic opportunity but also
a critical element in strengthening the resilience of the
international trade system,” he added.
Yildirim emphasized that the Middle Corridor offers faster and
more diversified routes between Asia and Europe while
simultaneously reinforcing economic cooperation among the corridor
countries.
Stay up-to-date with more news on Trend News
Agency's WhatsApp channel