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Hikmet Hajiyev underscores Azerbaijan's key role in North-South transport corridor dev't

21 June 2024 13:31

During the fifth meeting of the Russian-Azerbaijani Expert Council in Baku, Hikmet Hajiyev, Assistant to the President of Azerbaijan and Head of the Foreign Policy Department of the Presidential Administration, highlighted Azerbaijan's crucial role in the development and expansion of the North-South transport corridor.

Hajiyev emphasized that Azerbaijan continues to actively invest in enhancing the logistical infrastructure of the corridor, Caliber.Az reports citing Azerbaijani media.

He outlined ongoing efforts aimed at increasing the capacity of Azerbaijan's segment within the corridor, underscoring the broader regional benefits expected from these developments.

According to Hajiyev, these initiatives are set to not only strengthen Azerbaijan's connectivity with Russia but also foster greater economic integration and trade facilitation across the entire region.

The North-South transport corridor is a multimodal trade route that connects South Asia to Northern Europe via Iran, Azerbaijan, and Russia. It aims to provide a shorter and more efficient route for transporting goods between these regions, bypassing traditional sea routes. The corridor enhances connectivity through railways, roads, and maritime routes, facilitating trade and economic cooperation among participating countries.

Caliber.Az
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