Follow us:
  • Facebook
  • Twitter
  • Google+
  • AppStore
  • RSS
Azernews.Az
Wednesday January 27 2021
  • Latest
  • Nation
  • World
  • Business
  • Oil & Gas
  • Armenian Aggression
  • Nagorno-karabakh conflict
  • Editorial
  • Analysis
  • Lifestyle
  • Events
  • Healthcare
  • Culture
  • Sports
  • Travel
Home
  • Home
  • Nation
  • World
  • Business
  • Oil & Gas
  • Armenian Aggression
  • Nagorno-karabakh conflict
  • Editorial
  • Analysis
  • Lifestyle
  • Events
  • Healthcare
  • Culture
  • Sports
  • Travel

Azerbaijan, Afghanistan mull increasing cargo traffic via Lapis Lazuli route

11 October 2019 17:22 (UTC+04:00)
2 618

By Rasana Gasimova

Azerbaijan is interested in increasing cargo traffic on the Lapis-Lazuli transport route, Economy Minister Shahin Mustafayev said on October 11.

“We are interested in increasing cargo traffic on the Lapis-Lazuli transport route and today we discussed this issue with the Minister of Industry and Commerce of Afghanistan. This route has a great importance in terms of product delivery both to Azerbaijan and to third countries. We will continue supporting this route,” Mustafayev stated during the opening of Afghanistan-made goods exhibition in Baku.

Lapis-Lazuli transport route connects Afghanistan via the shortest way to the European and Balkan markets via the Caspian and Black Sea ports.

Touching upon the trade relations with Afghanistan, the Minister noted that the trade turnover increased by 30 percent in 2018, and by 23 percent in the last 8 months.

If we analyze trade relations, it becomes clear that the lion's share of the turnover falls on Azerbaijani exports. The Afghan side has asked us to help sell their products in Azerbaijan. We have created all the necessary conditions. This is the first Afghanistan exhibition in Azerbaijan. I hope that Azerbaijani citizens and businessmen will be interested in this exhibition. This will also increase the turnover, “he said.

The Minister added that Afghanistan intends to present its investment opportunities, and all the necessary conditions for this will be created by the Azerbaijani side.

Speaking at the event, Ajmal Ahmady, the Minister of Industry and Commerce of Afghanistan noted that the exhibition will give boost to the development of Afghan-Azerbaijani relations.  

“We intend to develop not only trade, but also transport and transit. Azerbaijan has already become a transport and transit hub, and we want to use it. Today we have been discussing investment opportunities in the upcoming months. As you can see, there is a delegation of up to 50 business people representing various sectors of the Afghan economy, including agriculture, mining, natural resources, health and other areas, “Ahmady said.

The Minister went on saying that the economic relations between Azerbaijan and Afghanistan have significantly improved. He said that the two countries are connected with strong historical and political cultural roots and expressed believe that the events to be held in the coming months will further strengthen cooperation in this field.

Note that the Lazurite corridor was opened in the province of Herat in the west of Afghanistan on December 13, 2018.

In November 2017, Afghanistan, Turkmenistan, Azerbaijan, Georgia and Turkey signed an agreement on the creation of the Lapis Lazuli transport corridor which is set to connect the five countries. National railways and highways already form a significant part of this corridor. The agreement aims to facilitate cargo transport logistics and simplify customs procedures.

The railways and motorways connect the city of Torgundi in the Afghan province of Herat with Ashgabat, then with the port of Turkmenbashi on the shore of the Caspian Sea.

From Turkmenbashi, goods will be able to travel further by ferry to Baku, where they would be placed on train cars and continue westward to Europe across the South Caucasus via the newly launched Baku-Tbilisi-Kars railway. Further, the corridor will pass through Tbilisi to Ankara with branches to Poti and Batumi, and, then, from Ankara to Istanbul.

--

Follow us on Twitter @AzerNewsAz

 

  • #LAPIS LAZULI ROUTE
  • #AFGHANISTAN-TURKMENISTAN-AZERBAIJAN-GEORGIA-TURKEY TRANSPORT CORRIDOR
  • #AZERBAIJAN`S MINISTER OF ECONOMY SHAHIN MUSTAFAYEV
  • #CARGO TRAFFIC
  • #CARGO TRANSPORTATION

Related News

Azerbaijan's cargo transportation via TRACECA hits 35.5m tons in 2020

Azerbaijan's cargo transportation via TRACECA hits 35.5m tons in 2020

26 January 11:00
Delegation headed by Azerbaijani deputy PM discusses prospects of co-op during visit to Russia

Delegation headed by Azerbaijani deputy PM discusses prospects of co-op during visit to Russia

27 December 2020 15:04
Azerbaijan, Georgia aim to boost inter-parliamentary cooperation for peace and security in region

Azerbaijan, Georgia aim to boost inter-parliamentary cooperation for peace and security in region

25 December 2020 18:25
Export train from Turkey completes landmark trip to China in 12 days

Export train from Turkey completes landmark trip to China in 12 days

20 December 2020 12:32
Azerbaijan's cargo transportation via TRACECA hit 32.7m tons in Jan-Oct

Azerbaijan's cargo transportation via TRACECA hit 32.7m tons in Jan-Oct

18 December 2020 12:13
Cargo transportation via Baku seaport up in Jan-Sep

Cargo transportation via Baku seaport up in Jan-Sep

25 November 2020 13:59
Azerbaijan's cargo transportation via TRACECA hit 29.8m tons in Jan-Sep

Azerbaijan's cargo transportation via TRACECA hit 29.8m tons in Jan-Sep

19 November 2020 13:06
Azerbaijan's cargo transportation via TRACECA hit $27.1m

Azerbaijan's cargo transportation via TRACECA hit $27.1m

19 October 2020 15:40
PM: Azerbaijan, Georgia support each other in all international organizations

PM: Azerbaijan, Georgia support each other in all international organizations

15 October 2020 18:58
Azerbaijan, Belarus railway traffic volume up by 7.4 pct in Jan-Aug

Azerbaijan, Belarus railway traffic volume up by 7.4 pct in Jan-Aug

25 September 2020 12:31
  • Latest
  • Popular
14:40 • Prices of Azerbaijani oil rise
14:18 • Azerbaijan achieves high performance in sugar beet production - Minister of Agriculture
13:50 • Azerbaijan appoints special presidential representative in liberated Shusha
13:40 • Azerbaijan prioritizes support to Karabakh war veterans, martyr families
13:39 • Body of Azerbaijani sailor killed near Nigeria delivered to Azerbaijan [PHOTO/VIDEO]
13:20 • Azerbaijan shows footage from Goyarchinveyselli village of Jabrayil district [PHOTO/VIDEO]
13:01 • National film named best in Bangladesh [VIDEO]
12:50 • Currency rates for Jan.27
12:49 • Miri Yusif to give charity concert to support martyr families
12:21 • National futsal team to face Slovakia and Greece [PHOTO]
12:15 • SOCAR to open petrol stations in Karabakh
12:00 • PACE rejects Armenia’s request on progress of monitoring procedure
11:43 • Anglo Asian Mining to pay out dividends for 2020
11:20 • Minister: Share of non-oil sector in Azerbaijan’s GDP exceeds 70 pct
11:14 • Azerbaijan's Ecology Ministry talks development of entrepreneurship
11:00 • Russian envoy summoned over MP’s anti-Azerbaijani remarks
10:45 • Demining of Azerbaijan's liberated lands continues [VIDEO]
10:30 • Azerbaijan shows footage from Gubadly district's Damirchilar village [PHOTO/VIDEO]
10:15 • FIG cancels Artistic Gymnastics World Cup in Baku
10:00 • AzerGold attracts $109.7m to Azerbaijan's economy in 2020
26 January 20:00 • Russia and Iran open to discuss Karabakh issue
26 January 19:44 • Access Bank eyes creating bank branches in Azerbaijani lands liberated from occupation
26 January 17:00 • Some 27 engineering troops servicemen killed in Karabakh war
26 January 19:36 • Armenian Armed Forces blew up bridges, destroyed roads retreating during second Karabakh War
26 January 19:43 • Clearing of mines, unexploded ordnance continuing in liberated Fuzuli district [PHOTO/VIDEO]
26 January 15:38 • Carpet Museum to host international conference
26 January 19:05 • Turkish investments in Azerbaijan's Karabakh to favor opening new jobs - expert
26 January 17:54 • Senior officers unveil details of demining operations in liberated lands
26 January 16:00 • Azerbaijan and ICESCO. New partnership prospects.
26 January 15:19 • Azerbaijan Georgia’s main bitumen supplier in 2020
26 January 14:50 • Azerbaijan-Belarus trade turnover soars in 2020
26 January 18:16 • Colonel talks restored and built roads in liberated lands of Azerbaijan
26 January 16:43 • Number of killed soldiers given to Armenian side by Azerbaijan disclosed
26 January 18:57 • Prices for Azerbaijani oil revealed
26 January 18:00 • Thousands of hectares of cultivatable lands demined in Azerbaijan's liberated districts
10:15 • FIG cancels Artistic Gymnastics World Cup in Baku
26 January 18:33 • Tax exemptions on wheat imports, sales may be extended in Azerbaijan
26 January 18:44 • Azerbaijan Airlines increases flights number on Baku-Nakhchivan route
26 January 17:15 • Sale of gold, silver in Azerbaijan may become tax-free
26 January 17:06 • French MFA's Secretary of State visits Azerbaijan [PHOTO]
See more
AzerNews Newspaper
AzerNews
  • Facebook
  • Twitter
  • Google+
  • RSS

Information

About us Contacts Advertising Azernews In Print

News Archive

© 2021 AzerNews. All rights reserved