BAKU, Azerbaijan, October
20. The development of renewable energy in
Azerbaijan and the strengthening of energy connectivity between the
Caspian region and Europe could open up new opportunities for
regional cooperation and sustainable development, Ambassador of
South Korea to Azerbaijan, Kang Kymgu, said at the conference
"Middle Corridor and prospects of Eurasian transport connectivity:
Azerbaijan and Korea" in Baku on Tuesday, Trend’s correspondent
reports from the event.


According to Kymgu, Korea follows developments in the South
Caucasus with particular interest, as Korea and Azerbaijan share
similarities in their geopolitical positioning, and both nations
face challenges stemming from complex regional dynamics.


Noting that Azerbaijan and Armenia initialed a peace agreement
in August 2025, the ambassador described this as a significant step
toward ensuring long-term peace and stability in the region.


"Since then, positive changes have emerged, and efforts to
consolidate peace and foster regional cooperation have continued.
These developments could create new opportunities for regional
connectivity and draw greater attention to the Middle Corridor," he
said.


The diplomat emphasized that the Middle Corridor is evolving
into an extensive connectivity network, encompassing not only trade
and logistics but also energy and digital infrastructure.


"In this context, Azerbaijan’s growing focus on renewable energy
deserves special attention. Building upon its experience in the
traditional energy sector, Azerbaijan is implementing new
initiatives to develop renewable energy sources and strengthen
energy connectivity between the Caspian region and Europe," the
ambassador noted.


Kymgu referred to a World Bank report published in September
2026, according to which strategic investments in the Middle
Corridor could more than triple trade volumes and halve transit
times by 2040. According to him, the report also highlights the
corridor's potential for driving economic growth and regional
integration.







"As global supply chains shift under the influence of
geopolitical uncertainty, the importance of reliable and
diversified transport links continues to grow. The Middle Corridor
opens up new opportunities for cooperation among countries in the
South Caucasus, Central Asia, and Northeast Asia, including
Korea.


For Korea, whose economic development is closely tied to
international trade and global connectivity, these opportunities
are of particular significance," he explained.


In conclusion, the ambassador expressed his confidence that the
conference would serve as another meaningful step in the
development of academic exchange between Korea and Azerbaijan, and
would contribute to strengthening the ties between the two
nations.


The Middle Corridor is a multimodal trade and transport route
connecting Asia and Europe through Central Asia, the Caspian Sea,
Azerbaijan, Georgia and Türkiye. The route begins in China and runs
through Central Asia before crossing the Caspian Sea and continuing
through Azerbaijan, Georgia and Türkiye to European markets.


The Middle Corridor is being developed as an alternative to
traditional northern and southern transport routes, providing
connectivity between Asian markets, including China, and
Europe.