Georgia, Azerbaijan, Turkey and Kazakhstan sign quadripartite declaration on Trans-Caspian East-West Corridor
Georgia, Azerbaijan, Turkey and Kazakhstan signed a quadripartite declaration “On the Trans-Caspian East-West Corridor”, which emphasizes the importance of the Trans-Caspian East-West Corridor and steps to strengthen the transit potential of the participating states in the declaration.
This is reported by the Ministry of Economy and Sustainable Development of Georgia.
According to the ministry, the declaration emphasizes the important role of development of transport corridors and increase of transit potential, integration of the "East-West Trans-Caspian Corridor" into the international transport system and strengthening of cooperation of the parties.
"The document also noted the important role of the Baku-Tbilisi-Kars (BTC) rail line in the development of competitive transport between Europe and Asia, and attention was paid to the importance of completing construction work to improve the capacity of the rail line, which will serve to strengthen the rail line.
The declaration also emphasizes the significant need for infrastructure investments to improve the quality of transport operations along this route," the ministry said.