Seven percent rise in Azerbaijan's revenue from cargo transport along Eurasian corridor
Baku, Azerbaijan, Feb.19
By - Trend: Emil Ismayilov
Some 59 million tons of cargo transported via the Eurasian transport corridor TRACECA through Azerbaijani territories in 2013 is 3.8 percent more than in 2012, the report of the State Statistics Committee said.
Out of the total volume of transported cargo, 46.5 per cent accounted for road transport, 36.2 percent for railway and 17.3 percent for sea transportation.
Some 285.2 million people were transported within the corridor last year which is 9.3 percent more than 2012, according to the report.
Revenue from transported goods within the corridor amounted to 476.4 million manat, which is 7.5 percent more than in 2012. In turn, revenue from passenger transport amounted to 106.5 million manat, 15.8 percent more than the previous year.
TRACECA (TRACECA - Transport Corridor Europe Caucasus Asia), is the only project of the Eurasian transport corridor on the West-East part of Europe crossing the Black Sea through the Caucasus and the Caspian Sea. It has access to Central Asia receiving significant financial, organisational and technical support from international structures and primarily the European Union.
Countries linked to TRACECA are the member states of Azerbaijan, Armenia, Bulgaria, Georgia, Kazakhstan, Kyrgyzstan, Moldova, Romania, Tajikistan, Turkey, Turkmenistan, Ukraine and Uzbekistan.
They coordinate the implementation of their geopolitical and economic opportunities with the development of transport and communication networks. Furthermore, the annual trade turnover between Asia and Europe exceeds $2 trillion, while the share of transport costs make up $200 billion.
The official exchange rate for Feb.18 is 0,7844 AZN / USD.
Translated by S.I.
Edited by S.M