Azerbaijan, Baku / corr. Trend S.Babayeva / Minister of Communications and Information Technologies of Azerbaijan, Ali Abbasov, said in his interview with Rabita Dunyasi newspaper that Azerbaijan and Kazakhstan estimated the expenses on the construction of the Caspian Underwater Segment of the Optical Cable Main - "Trans-Asia-Europe" (TAE).
According to him, within his recent visit to Latvia, a Memorandum was signed between the Ministry of Communications and Information Technologies of Azerbaijan and Kazakh KazTransCom.
According to him, the expenses will be equally covered by the sides.
The Minister considers the Memorandum will help more promptly realize the project. The next step is to establish a consortium attended by Ukraine and Georgia. The issue is planned to be discussed in Baku in June with the participation of the communications administrations of the relating countries.
The cost of the cable constructed via the sea bed is approximately $7 - $10mln. The length of the TAE section between Kazakhstan and Azerbaijan is 380 km. At the present time the route runs via Turkmenistan and Iran beyond the territory of Azerbaijan.
The project will allow middle Asian countries to directly link with Turkey. At the same time Azerbaijan, Turkey, Georgia and other countries will have the possibility to establish a better connection to China