North-South corridor sees 25% surge in transit cargo via Azerbaijan Bolstering global trade role

From January to July this year, Azerbaijan saw a transit freight volume of 434,651 tons along the North-South international transport corridor, marking a 25 per cent increase compared to the same period last year.

This significant rise highlights the growing importance of the corridor in international trade, Caliber.Az reports via local media.

Azerbaijan Railways CJSC reported that the increase in cargo volume reflects the corridor's expanding role in facilitating trade between Europe and the Persian Gulf. Transit cargoes during this period were transported between Astara and Yalama in both directions, underscoring the corridor's operational efficiency.

The North-South International Transport Corridor (ITC) is a key multimodal route that connects northern Europe with the Persian Gulf and Indian Ocean states. Established through an agreement signed in 2000 by Russia, Iran, and India, the corridor now includes participation from 12 countries. It encompasses three main routes: the western route along the Caspian Sea's western shore, the eastern route through Kazakhstan, and the trans-Caspian route across the Caspian Sea.