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Zangezur corridor reflects intercontinental interest, says Azerbaijani official

18 April 2023 11:14

Azerbaijan’s Security Council Secretary, Colonel General, Ramil Usubov has said that the Zangezur corridor reflects not only the strategic interests of Azerbaijan.

He made the remarks in his article published in the official press, Report informs.

"At the same time, the so-called Middle Corridor can become the safest China-Europe transit route. Only the profit to be gained by the countries located in this region after the implementation of the project shows how important the Zangezur corridor is on a global scale," Usubov noted.

The Zangazur corridor is expected to add momentum to the growing mutual trade volumes between Europe and Asia, according to Caspian News. The passage will restore the connection between Azerbaijan’s mainland with its southwestern exclave of Nakhchivan with a further spur into the Turkish market.

The Zangazur corridor is one of the biggest construction projects of its kind in the South Caucasus and it's expected to create plenty of economic benefits for the region.

Azerbaijan has been actively restoring the vital Horadiz-Aghband railroad that stretches to the Armenia-Azerbaijan state border in the country’s Zangilan district as an integral part of the Zangazur corridor. The project is being implemented in three stages and spans 110.4 kilometres in length. The railway is expected to go online sometime in 2023.

Azerbaijani authorities are convinced that such regional transportation projects as the Zangazur Corridor could foster peace and cooperation and create new business opportunities. According to some analysts, the corridor will form an essential link in the East-West and North-South transport corridors to benefit all regional countries and contribute to the Eurasian trade and transport communications that incorporate the regional economies with a nominal GDP of $1.1 trillion.

At the same time, the country’s multimodal transport infrastructure, including the Baku Sea Trade Port on the Caspian Sea coast and the Baku-Tbilisi-Kars railway stretching from Azerbaijan to Türkiye through Georgia, is expected to complement the Zangazur corridor.

In the meantime, the corridor is expected to give momentum to trade ties between Türkiye and the five Central Asian countries – Kazakhstan, Turkmenistan, Uzbekistan, Kyrgyzstan, and Tajikistan.

 

Caliber.Az
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