New Caspian–Black Sea Transit Corridor Boosts Geostrategic Importance of South Caucasus
By Fuad Shahbazov, Baku-based independent regional security and defence analyst
On March 4, Romania, Azerbaijan, Georgia and Turkmenistan held a ministerial meeting in Bucharest—the first such quadripartite gathering for these governments. During this meeting of their foreign ministers, the parties issued a joint statement reaffirming mutual respect for each other’s sovereignty, territorial integrity and inviolability of their internationally recognized borders. Additionally, a number of other important issues were raised in Bucharest, including a discussion on establishing a multimodal corridor for the transport of goods between the Black Sea and Caspian Sea basins, a project officially named the Caspian Sea–Black Sea International Transport Corridor (ITC-CSBS). READ MORE
| External Relations | The Caspian and Central Asia, The Caucasus and the Black Sea
