SCO member states interested in transport projects implemented in Azerbaijan – experts

Date:



BAKU, Azerbaijan, September 18. Azerbaijan is
acknowledged as an necessary transport and logistics middle of the
area. The worldwide transport corridors East-West,
North-South and South-West, passing by the territory of the
nation, are helpful for the transportation of products each in
phrases of distance and time financial savings. The Baku-Tbilisi-Kars railway
and the Baku Worldwide Sea Commerce Port additional develop the
prospects of those transport corridors.

Ilgar Velizade, Physician of Philosophy in Economics, informed Pattern
that Azerbaijan is an important associate for quite a few
states.

“It is sufficient to word that the transport initiatives applied in
Azerbaijan have an effect on the pursuits of such states as Russia, Iran,
Türkiye, the international locations taking part within the Shanghai Cooperation
Group. As well as, the transport infrastructure of our
nation creates alternatives for increasing cooperation throughout the
framework of the Trans-Caspian Worldwide Transport Route and
the Chinese language initiative “One Belt, One Highway,” he mentioned.

Additionally, in line with Velizade, different members are additionally
all in favour of cooperation with Azerbaijan, particularly within the
transport sector, within the subject of transit transportation.

“In Uzbekistan, the place the Samarkand summit was just lately held,
the presidents of the SCO international locations mentioned the dynamics of the
improvement of bilateral relations, particularly the difficulty of
transit site visitors. I believe that this summit will grow to be a further
impetus for the implementation of transport initiatives. Not solely the
international locations which might be conventional members in such summits, however
additionally new, different international locations.They’re all in favour of collaborating within the
work on the implementation of Azerbaijan’s transport initiatives. For
instance, Iran, which obtained the standing of a candidate for becoming a member of
the SCO, is an energetic participant within the North-South venture, which
is within the energetic section of implementation. Relations with the SCO
international locations are of nice significance for us within the financial sphere,”
he mentioned.

In line with knowledgeable economist Emin Garibli, transport corridors
go by the territory of Azerbaijan, that are an necessary
a part of the nation’s financial improvement.

“In the present day, the position of Asian and Western international locations within the transport
sector has elevated considerably and we’re seeing that the
vector of logistics improvement is transferring in the direction of Asia. The West,
in fact, doesn’t lose its exercise, as a result of this area is one
of the necessary suppliers of improvements and applied sciences. We see
nice prospects to strengthen the position of Azerbaijan within the
transportation of products between Asia and the West. As well as,
related measures are being taken in Azerbaijan, which can enable
our nation to be extra aggressive on this world provide chain,”
the knowledgeable mentioned.

Noting that such corridors as East-West, North-South go
by the territory of Azerbaijan, Garibli added that as a result of
present geopolitical state of affairs, some aggressive routes lose their
significance.

“Nice significance is connected to cargo transportation by
the territory of Azerbaijan. Over the previous few years, there has
been a big improve in cargo transportation, together with transit. I
imagine that attracting worldwide cargo to Azerbaijani routes
will guarantee even higher sustainability of the nation’s financial
improvement. Integration of the Azerbaijani financial system into the world
financial system will open up alternatives for us to create extra
worth within the provide chain,” the knowledgeable pressured.

The belief of the transit potential of Azerbaijan, which
has a positive geographical place, is of nice significance in
the coverage of diversifying the financial system. On the identical time, the
improvement of worldwide and regional transport corridors has a
constructive impact on enhancing the effectivity of the financial system. Joint
initiatives within the areas of transport, infrastructure and logistics
develop Azerbaijan’s financial alternatives and improve its
significance. Azerbaijan supplies environment friendly group of transit
transportation of products to varied locations. This enables to
perform protected and well timed supply in a short while on extra
favorable phrases. Transit routes proceed to develop, commerce is
growing, which in the end results in the prosperity of Azerbaijan
and the area as a complete.

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