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Weekly review of main events in Azerbaijan's transport sector

Transport Materials 20 November 2021 14:40 (UTC +04:00)

BAKU, Azerbaijan, Nov. 20

By Sadraddin Aghjayev - Trend:

This week, it was reported that the opening of the Zangazur corridor which will link Azerbaijan’s main part with its Nakhchivan Autonomous Republic can attract Nakhchivan to the international transit projects.

Thus, through the new transport and logistics infrastructure, Nakhchivan will be able to export its products to other districts of Azerbaijan, as well as to the Asian countries, on more favorable terms. These processes will contribute to the acceleration of the economic growth and development of Nakhchivan, an increase of export, as well as attracting additional investments.

Besides, in the outgoing week it was reported that Russian Railways Logistics JSC and Azerbaijan Railways CJSC have started to implement Agro Express joint project, within which it’s planned to send the first batch of Azerbaijani persimmon by trains to Russia, and in the opposite direction (from Russia to Azerbaijan) - vegetable oils, meat, dairy, bakery and other products.

This week, it was also reported that Azerbaijan's transit opportunities can make its roads an alternative to the Suez Canal. The route, where Iran and Azerbaijan are located, can connect East Asia, China, South Korea and India, which have several trillion dollars in trade with European countries.

Given the above, importance of activating the route between Iran and Azerbaijan and maintaining its activity was emphasized.

According to another report of this week, the Russian KAMAZ PTC (Publicly traded company) expressed its readiness to consider applications for the purchase of KAMAZ vehicles on lease for non-governmental organizations (NGOs) in Azerbaijan.

A leasing company (KAMAZ PTC) has already been created in Azerbaijan, which is intended for servicing and selling commercial vehicles to non-governmental organizations.

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Follow the author on Twitter: @agdzhaev

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