TRACECA

TRACECA becomes more attractive

The increase in turnover through the Transport Corridor Europe-Caucasus-Asia (TRACECA) may be possible due to the deterioration of relations between Russia and Turkey. It was stated by the national secretary of the Permanent Mission of the Intergovernmental Commission TRACECA in Kazakhstan Marat Saduov.
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Azerbaijan revives its historic role

On the back of the fall in oil prices, oil and gas-producing countries have rushed to diversify their economy and Azerbaijan has a number of alternatives. Due to its favorable geographic position, Azerbaijan is targeting a turn to becoming a transportation hub of the region.
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