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Use of BTK railway corridor by Black Sea countries contributes to trade turnover growth

Business Materials 2 November 2018 11:24 (UTC +04:00)
The use of the Baku-Tbilisi-Kars railway by the Black Sea countries can help them not only increase trade turnover, but also expand cultural and social ties
Use of BTK railway corridor by Black Sea countries contributes to trade turnover growth

Baku, Azerbaijan, November 2

By Taleh Mursagulov - Trend:

The use of the Baku-Tbilisi-Kars railway by the Black Sea countries can help them not only increase trade turnover, but also expand cultural and social ties, the President of the National Confederation of Entrepreneurs’ (Employers’) Organizations of Azerbaijan, Mammad Musayev said.

He made the remarks November 2 at the international business forum in Baku dedicated to the development of small and medium entrepreneurship in the Black Sea region.

"As a result of the purposeful economic policy of the President of Azerbaijan Ilham Aliyev, our country has achieved rapid development in recent years. This year is very important for our country. We solemnly celebrated the 100th anniversary of the establishment of the Azerbaijan Democratic Republic. The foreign and internal policies, the governance practices defined by national leader Heydar Aliyev and successfully continued today by President Ilham Aliyev can serve as an example for many countries," said Musayev.

"Our country is currently implementing ambitious energy and infrastructure projects, such as the Southern Gas Corridor and the Baku-Tbilisi-Kars railway. I believe that the use of the Baku-Tbilisi-Kars railway by the Black Sea countries can help them not only increase trade turnover, but also expand cultural and social ties," Musayev said.

He stressed that the successful socio-economic policy of the President of Azerbaijan created conditions for dynamic economic development of the country.

“Over the past 15 years, under conditions of macroeconomic stability, the formation of a socially oriented economy was fully ensured, the diversification of economy and the development of non-oil sector were intensified, the government support for entrepreneurship increased. As a result, over 1.6 million new jobs were created, poverty and unemployment were reduced to a minimum, and also the improvement of the material status of citizens was successfully implemented," Musayev said.

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