BAKU, Azerbaijan, December 14. This year, the trade turnover with Turkmenistan increased five times, marking record level to date, Azerbaijani President Ilham Aliyev said during his speech at the first trilateral summit of the heads of Azerbaijan, Türkiye and Turkmenistan on December 14, Trend reports.
"Azerbaijan, Turkiye and Turkmenistan have attained substantial success in the transport and logistics area. Many projects have been implemented by our countries, which in turn create new opportunities for cooperation in the field of transport connectivity.
Investments in this sector in all three countries served the purpose of creating new and modern infrastructure.
Azerbaijan is an active player in the East-West and North-South transport corridors and has implemented all major projects related to railway, highway and air transport in its territory. As a result, Azerbaijan has become an important transit country.
In the first 10 months of 2022, the volume of total transit traffic passing through Azerbaijan has increased by more than 80 percent compared to the corresponding period of last year.
Today, we are actively engaged in the opening of the Zangazur corridor. 40 percent of the works on the railway line and 70 percent on the highway have been completed in the section of the Zangazur corridor on the territory of Azerbaijan. All works are expected to be completed in 2024, leading to the establishment of a new transport corridor," said the head of state.