Azernews.Az

By Aynur Jafarova

Follow-up work on a new technical annex to the basic multilateral agreement on fundamental principles of railway-ferry terminals operation on the Black and Caspian Sea and its subsequent signing will promote the creation of efficient basis for development and improvement of regular international traffic in the TRACECA (transport corridor Europe - Caucasus - Asia) region.

These remarks were made by TRACECA after the meeting of the regional working groups of TRACECA member countries, which was held in the Georgian capital Tbilisi on November 26-27.

"One of the prime factors of logistic communication among the transportation players in international traffic is the principle of timely delivery, quality service and competitive price," TRACECA said.

The priority in discussions was given to the development of route container trains regular traffic, railway-ferry communication on the Caspian Sea and logistic centers in the Central Asian countries.

During the discussions the parties noted the need for further improvement of action plans for the realization of pilot projects, including the organization of pilot container train within the framework of the Silk Wind project.

"Well-thought and legally formed competitive environment in the transport-logistic services' market within TRACECA region as well as support to transport operators at the government level will promote business initiatives and attract private investments into transport infrastructure, including construction of new transport-logistic centers," TRACECA said.

The main purpose of the LOGMOS project is to assist the logistics infrastructure, cargo traffic in corridors, and stable development of multimodal transport in TRACECA.

One of the components of the legal basis of transportation arrangement in LOGMOS projects is the agreement on development of multimodal transport signed in 2009 by the TRACECA countries.

This agreement is designed for creation of favorable conditions for the development of multimodal transport and facilitation of traffic procedure in the region.

TRACECA is an international transport program involving the European Union and 14 member-states of the Eastern Europe, Caucasus and Central Asia regions. It has a permanent Secretariat, financed by the European Commission, in Baku, Azerbaijan, and a regional office in Odessa, Ukraine. Since 2009 the organization has been entirely financed by member countries.

Azerbaijan, Bulgaria, Georgia, Kazakhstan, Armenia, Kyrgyzstan, Iran, Moldova, Romania, Turkey, Ukraine, Uzbekistan, Tajikistan, and Turkmenistan participate in the TRACECA program.