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Dreaft deal on Afghanistan-Turkmenistan-Azerbaijan-Georgia-Turkey corridor in focus

17 November 2014 15:27 (UTC+04:00)
Dreaft deal on Afghanistan-Turkmenistan-Azerbaijan-Georgia-Turkey corridor in focus

By Aynur Jafarova

Representatives of delegations from Afghanistan, Turkmenistan, Azerbaijan, Georgia and Turkey have discussed a draft agreement on Afghanistan-Turkmenistan-Azerbaijan-Georgia-Turkey transport and transit corridor.

The discussions were held at a five-sided meeting in Ashgabat, the Turkmen government reported on November 17.

The sides emphasized the significance of the project which aims to create new opportunities for the participating countries and for the region as a whole to get access to world markets.

The Afghanistan-Turkmenistan-Azerbaijan-Georgia-Turkey transport and transit corridor project aims at intensifying trade and economic relations in Eurasia.

During the meeting, it was noted that this transport and transit corridor project will promote Afghanistan’s socio-economic revival and allow the country to join major regional and international infrastructure projects.

Experts from the participating countries believe that this is a timely initiative and will contribute to the further progress and prosperity of each country in the region by increasing the volume of general trade and reducing the expenditures on the cargo transit.

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