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Friday, March 29, 2024

Georgia signs declaration on Trans-Caspian East-West Middle Corridor

In Georgia, the Economy Minister announced on Thursday, March 31, that a quadrilateral declaration on the Trans-Caspian East-West Middle Corridor had been signed by Georgia, Azerbaijan, Turkey, and Kazakhstan, with the agreement highlighting the significance of measures to bolster the transit potential of the signatory states.

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In Georgia, the Economy Minister announced on Thursday, March 31, that a quadrilateral declaration on the Trans-Caspian East-West Middle Corridor had been signed by Georgia, Azerbaijan, Turkey, and Kazakhstan, with the agreement highlighting the significance of measures to bolster the transit potential of the signatory states.

The document points out the importance of bolstering the collaboration between the nations to integrate the Corridor into the global transport system and the role of strengthening the development of such corridors.

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Moreover, according to the Ministry, the proclamation emphasized the relevance of the Baku-Tbilisi-Kars (BTK) railway in fostering “competitive transport” between Europe and Asia, as well as the urgency of finishing construction work to increase the railway line’s capacity.

In the document, the need for infrastructure investments to improve the quality of transport operations along the route has also been emphasized.

The Trans-Caspian East-West-Middle Corridor, also known as the Middle Corridor, starts in Turkey and runs across the Caucasus region, passing via Georgia, Azerbaijan, and the Caspian Sea before crossing Central Asia and reaching China. It runs via Georgia and Azerbaijan by rail and road before reaching the Caspian Sea, passing the Caspian transit corridor, and connecting to China through the Turkmenistan-Uzbekistan-Kyrgyzstan or Kazakhstan routes.

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