The volume of cargo transportation in the Azerbaijani sector of the Transport Corridor Europe-Caucasus-Asia (TRACECA) amounted to $27.1 million during the period of January-August 2020, local media reported with reference to the State Statistics Committee.

The volume of cargo transportation in the Azerbaijani sector of the Transport Corridor Europe-Caucasus-Asia (TRACECA) amounted to $24.2 million during the period of January-July 2020, local media reported with reference to the State Statistics Committee.

The volume of cargo transported on the Azerbaijani part of the Europe-Caucasus-Asia transport corridor was 12,5 million tons, and the cargo turnover was 2,63 billion ton-km in January-March decreasing by 0.3 per cent and 1.0 per cent, respectively, the State Statistics Committee reported on May 18.

Azerbaijan’s Economy Minister Mikayil Jabbarov has said that the transport potential of the Baku-Tbilisi-Kars railway, a rail link project that was launched in 2017 to connect Azerbaijan, Georgia and Turkey, will reach 15 million tons in the future.

Georgia is a very important country, as it is at the crossroads of Asia and Europe, said Mircea Ciopraga, Secretary General Permanent Secretariat of the Intergovernmental Commission of TRACECA (International Transport Corridor Europe-Caucasus-Asia), Trend reports via Georgian media outlets.

Azerbaijan and Lithuania seek to further strengthen bilateral ties by carrying out joint projects in various sectors.

Azerbaijan’s participation in the Viking train project allows creation of effective corridor between European and Asian counties and creates new links to China, the Lithuanian Ministry of Transport and Communications told Azernews.

About 15.71 million tons of cargos were transported via the Transport Corridor Europe-Caucasus-Asia (TRACECA) through Azerbaijan's territory in January-April 2016, or 12.3 percent less than in the same period 2015, said Azerbaijan's State Statistics Committee (SSC).