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Russian Grain Union: Azerbaijan holds special place in interregional grain logistics

Economy Materials 23 October 2019 12:19 (UTC +04:00)
Azerbaijan’s role in the interregional logistics of grain is exceptional
Russian Grain Union: Azerbaijan holds special place in interregional grain logistics

BAKU, Azerbaijan, Oct. 23

By Eldar Janashvili - Trend:

Azerbaijan’s role in the interregional logistics of grain is exceptional, Vice President of the Russian Grain Union Alexander Korbut said at the 11th Global Grain Outlook International Grain Trading Conference in Baku, Trend reports from the event Oct. 23.

Korbut noted that Azerbaijan’s unique geographical location provides the country with a wide transit potential, turning it into an important player in the international grain turnover.

“International organizations attribute Azerbaijan sometimes to the region of Eastern Europe, sometimes to Central Asia and the Middle East,” the vice president added. “The country can rerpesent interests and ensure transit of products of other countries, interacting simultaneously with Eastern Europe, Central Asia and the Middle East. This is an exceptional role, and the work carried out by the Azerbaijani government shows that the country is dealing with it.”

Korbut noted that the new transport corridors will forever change the logistic picture of the grain market in ten years and expressed confidence in Azerbaijan’s successful participation in this process.

The 11th Global Grain Outlook International Grain Trading Conference, which is being held in Baku, is organized by the Russian Grain Union, the Azerbaijan Export and Investment Promotion Foundation (AZPROMO), the Russian Export Center and the Federation of Iranian Food Industries Associations.

Azerbaijan’s election as a venue for the conference isn’t accidental, and is associated with the unique geographical position of the country at the junction of Europe and Asia and at the intersection of the most important transit routes.

This allows considering Azerbaijan as a link between the grain markets of the Black Sea region, Central Asia and the Middle East, as well as the formation of Azerbaijan’s positive image and its positioning as the “Grain Gate” between the Islamic world and the countries of the Black Sea region.

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