Despite financial crisis, Kazakhstan keeps interest in TRACECA project: deputy minister

Business Materials 1 June 2009 15:30 (UTC +04:00)

Kazakhstan, Astana, June 1 / Trend , K.Konyrova/

An international conference, at which special attention will be paid to TRACECA project, will be held in Kyrgyzstan in mid-June, Vice Transport and Communications Minister Azat Bekturov told Trend in Astana.

"A conference to discuss the projects including TRACECA will be held in Kyrgyzstan in mid-June," Bekturov said.

Expression of interest in the project is due to several reasons. "On the background of global crisis, countries are integrating into a customs union in order to overcome this period. And such a transit route as TRACECA could be a one way out of the crisis," the vice-minister said.

According to Bekturov, despite the global financial crisis, TRACECA will actively develop.

"The project will be actively developed and interested countries will support it," Bekturov said.

In 1993, at a conference in Brussels, the EU proposed to implement technical assistance program "Transport Corridor Europe - Caucasus - Asia" in the framework of the Tacis, more commonly known as TRACECA. In turn, Central Asia states, Europe and the Caucasus have agreed to participate in the program, funded by the EU.

TRACECA project participants are Azerbaijan, Turkey, Georgia, Bulgaria, Moldova, Ukraine, Kazakhstan, Uzbekistan, Tajikistan, Turkmenistan, Kyrgyzstan and Armenia. Basic Multilateral Agreement on the TRACECA transport corridor was signed in Baku in 1998.

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