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Cargo transportation volume through Azerbaijani segment of TRACECA named

17 July 2014 16:43 (UTC+04:00)
Cargo transportation volume through Azerbaijani segment of TRACECA named

By Aynur Jafarova

Around 23.4 million tons of cargo was transported via the Eurasian transport corridor (TRACECA, the Europe-Caucasus-Asia) through the Azerbaijani territory in January-May.

This figure amounted to 24.3 million tons in the same period of 2013, Azerbaijan's State Statistics Committee said.

Vehicles accounted for 49.6 percent of the total volume of cargo transportation, railway - 33.6 percent, and waterway - 16.8 percent.

Around 124.9 million people were transported via TRACECA in January-May, which is 7.9 percent more compared to the same period of 2013.

The revenues from the cargo transportation via this corridor amounted to 202.4 million manats in the reported period, or 6.3 percent more compared to the same period of 2013.

The revenues from the passenger transportation stood at 43.7 million manats in January-May, which is 12.7 percent more than in the same period of 2013.

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.

The official exchange rate on July 16 is 0.7844 AZN/USD.

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