Open
By Vasif HUSEYNOV, PhD, Head of Department, AIR Center, Adjunct Lecturer, ADA and Khazar Universities, Baku
On October 3, Ashgabat, Turkmenistan hosted a high-level event in collaboration with the European Union, the Central Asian countries located along the Trans-Caspian Transport Corridor (also known as the Middle Corridor), the South Caucasus states, and Türkiye, as well as the major international financial institutions. The event resulted in the establishment of a Coordination Platform for the Middle Corridor. According to the European Union, the Coordination Platform will focus on promoting the transit corridor and implementing priority infrastructure projects while coordinating investments in the South Caucasus and Türkiye. The European Union announced plans to launch a regional transport program in 2025 to support infrastructure development and provide technical assistance for improving standards, digitalization, and interoperability across the region. The Middle Corridor is an essential route that will allow Central Asia to better access Europe without having to go through sanctioned Russia, but it still faces numerous economic, logistical, and political roadblocks in its development.
READ MORE
- 0 Pros
- 0 Cons
Comments 0