cover image: Assessing the importance of new corridors in the

20.500.12592/zjcgpk

Assessing the importance of new corridors in the

16 Jun 2023

These countries are the Republic of Azerbaijan, the Republic of Belarus, the Republic of Bulgaria, the Republic of Armenia, India, the Islamic Republic of Iran, the Republic of Kazakhstan, the Republic of Kyrgyzstan, the Sultanate of Oman, the Russian Federation, the Republic of Tajikistan, the Republic of Turkey and Ukraine. [...] Restoration of historical justice and political stability in the South Caucasus region, which is the main part of the corridor, works done in the direction of infrastructure improvement and expansion of cooperation between the countries of the corridor increased the attention to the corridor. [...] Due to the political processes taking place in the world, the improvement of the infrastructure and cooperation of the countries of the Middle Corridor, and as a result, the increased interest of the European countries in this corridor, the traffic volume statistics are expected to increase further in the coming years. [...] Considering the importance of the distance in transportation and the huge volume of trade between the mentioned countries and the union, this corridor will greatly contribute to the development of the region. [...] The contribution of the corridor to the countries of the region will be unparalleled, considering the volume of trade turnover between China-Turkey-Europe and the level of development of the countries, this corridor will bring high economic efficiency to the South Caucasus region.

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Pages
29
Published in
Azerbaijan