BAKU, Azerbaijan, December 23. The volume of
cargo shipments through Azerbaijan on the Middle Corridor has
increased by 90 percent in the last three years, Azerbaijan's Prime
Minister Ali Asadov said at the 2nd Azerbaijan-Türkiye Investment
Forum being held in Baku, Trend reports.
He emphasized that the importance of the Middle Corridor, which
passes through the territory of our countries and plays a strategic
role not only for our region, but also in terms of expanding global
trade and transport ties, is growing.
"Trade facilitation reforms are increasing the digitalization of
the Middle Corridor, which, in turn, has a positive impact on the
freight transportation and trade dynamics of both our countries and
the region. Over the past three years, the volume of freight
transportation through Azerbaijan on the Middle Corridor has
increased by 90 percent.
Also, the agreements reached in Washington in August on the
unification of the main territory of Azerbaijan with Nakhchivan are
of historical importance. The opening of the Zangezur corridor will
not only provide new economic and transit opportunities for all
regional states but will also increase the throughput capacity of
the Middle Corridor.
The annual cargo capacity of the Baku-Tbilisi-Kars railway is
expected to reach five million tons in 2024, as well as the laying
of the foundation of the Kars-Nakhchivan railway line this year is
also an important event. All of this is of strategic importance for
both Azerbaijan and Türkiye, as well as other countries in the
region," Asadov stressed.
