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Azerbaijan sends offers on TRACECA projects to EU

Business Materials 7 March 2017 08:08 (UTC +04:00)
As a response to European Commission’s request, Azerbaijan has submitted its proposals on implementation of technical projects as part of the TRACECA (Transport Corridor Europe-Caucasus-Asia)
Azerbaijan sends offers on TRACECA projects to EU

Baku, Azerbaijan, March 2

By Maksim Tsurkov – Trend:

As a response to European Commission’s request, Azerbaijan has submitted its proposals on implementation of technical projects as part of the TRACECA (Transport Corridor Europe-Caucasus-Asia), Akif Mustafayev, national secretary of IGC TRACECA told Trend.

Mustafayev noted that the European Commission has recently requested through the country chairing the TRACECA (currently, Ukraine) the member countries to prepare proposals on new projects.

"These proposals on behalf of Azerbaijan have already been presented," he said adding that other countries will also submit their proposals.

The European Commission has done great work within the TRACECA project, he added.

For instance, the new Red Bridge, linking Azerbaijan and Georgia, was built with funds of the European Commission, said Mustafayev.

Terminals were built, including a container terminal at the old Baku port, he noted adding that many projects on staff training, studying the experience of European countries were implemented.

The national secretary also noted that the member countries will be grateful for technical projects as part of TRACECA.

Mustafayev said that currently, the European Commission doesn’t implement any technical projects.

Formerly, the European Commission was implementing 4-5 technical projects worth $3-4 million per year, he noted adding that however, currently, there are no technical projects and this is explained by the crisis in Europe.

On the other side, TRACECA countries have become economically stable and they are investing themselves and attracting investments worth billions of dollars, added Mustafayev.

Meanwhile, the European Commission says that TRACECA is a strategic project for it, he said.

TRACECA is an international cooperation program in the sphere of transport among the EU and partner-countries in Eastern Europe, South Caucasus and Central Asia. The organization has a permanent secretariat in Baku.

TRACECA member-states are Azerbaijan, Bulgaria, Georgia, Kazakhstan, Kyrgyzstan, Armenia, Moldova, Romania, Tajikistan, Turkmenistan, Turkey, Uzbekistan, Ukraine and Iran.

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Follow the author on Twitter: @MaksimTsurkov

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