Azerbaijan, Baku, 30 April / corr. Trend S. Aliyev/ GUAM member states discussed the simplification of border procedures and financing of the transport projects in the fourth meeting of the working group for transport affairs held in Baku, Musa Panahov, the deputy transport minister of Azerbaijan said in the press conference on results of the meeting on 30 April.
According to GUAM Secretary General, the trade turnover among the countries is expected to reach $10bln by 2012. The transport corridors through these countries will enable to achieve the planned results.
The meeting of the working group aims at developing the transport ties and trade relations among GUAM member states, and discussing the economic and political issues. The transport infrastructure of GUAM member states, prospects of its development, situation of legal basis and its improvement were also discussed.
A protocol has been signed on the results of the meeting, which enables to take measures to increase transit traffic among the GUAM member states by using the transport infrastructure uniting Europe and Asia.
Four post-Soviet republics; Georgia, Ukraine, Azerbaijan and Moldova, established the GUAM format in 1997 during a summit of presidents of European Union countries in Strasburg. In 1999, Uzbekistan joined the organization but left four years later. In 2006, at the first summit of the organization in Kiev a decision was made to announce GUAM as an international organization with a new name; Organization for Democracy and Economic Development - GUAM.
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