Moscow’s efforts to promote the development of a north-south trade corridor through the Caucasus and to use Iran to circumvent Western sanctions have given Tehran a new and expanded opportunity to take a leading role in the South Caucasus.
Moscow’s efforts to promote the development of a north-south trade corridor through the Caucasus and to use Iran to circumvent Western sanctions have given Tehran a new and expanded opportunity to take a leading role in the South Caucasus.
NAC Kazatomprom said it is working to increase the 3500 tU quota limit on its trans-Caspian route, an alternative to shipment via St Petersburg.
A high-functioning Middle Corridor would give the whole of Europe resilient and diversified supply chains.
As the Russian invasion of Ukraine continues, the push to evade Western sanctions accelerates, and Iran seems willing to assist the Kremlin.
The signing ceremony of the declaration on the development of the North-South International Transport Corridor following the first Azerbaijan-Russia-Iran trilateral meeting was held in Baku.
For the first time since Azerbaijan company ADY Container added the Black Sea feeder services to its portfolio, Central Asian cargo found its way to Europe using it.
A tripartite group with the participation of the vice-premiers of Russia, Azerbaijan and Armenia is dealing with the issues of unblocking trade and economic communications in the South Caucasus, Russian Foreign Minister Sergey Lavrov said after talks with his Iranian counterpart Hossein Amir Abdollahian.
Arrangements have been agreed for another meeting between the leaders of Armenia and Azerbaijan, in Brussels on Wednesday, through the good offices of Charles Michel, the president of the European Council.
Currently, two new routes from Central Asia to western seaports are being used, albeit with restrictions – the first via the Caspian Sea, Azerbaijan and Georgia to the Black Sea, and the second by land via Iran and Turkey to the Mediterranean and Black seas.
During his working visit to Baku (Azerbaijan), Deputy Chairman of the Cabinet of Ministers of Kyrgyzstan Bakyt Torobaev got acquainted with the activities of AqriBioEkoTex LLC, which produces organic, organomineral and bio fertilizers, as well as soil microorganisms.
However, Azerbaijan benefits indirectly from the sanctions imposed on Russia by western and same Asian states. Evidenced by state-owned freight carrier, Silkway West Airlines, whose transport orders are going through the roof.
The unblocking of transport corridors will both open up a lot of considerable financial opportunities and contribute to long-term peace in the South Caucasus region.
While the volume of East-West and West-East cargo passing through the Caspian is expected to increase, it is unclear if the volume will expand enough for future Indexes to include the Azerbaijani Port.
Washington is vigilantly monitoring everything that is happening in the South Caucasus after the 44-day war - and this is just one conclusion from the conversation between US Secretary of State Anthony Blinken and Azerbaijani President Ilham Aliyev.
Azerbaijan Airlines has started ticket sales for flights to Indian New Delhi from Heydar Aliyev International Airport from 9 August.
Azerbaijan Airlines has signed a preliminary deal with Boeing to acquire a further four 787-8s.
Russia is willing to build the Iranian section of the railroad that will open the route from St. Petersburg to the Persian Gulf, Russian President Vladimir Putin told journalists in Tehran.
Some work in this area has already been done, and the short-term development concept for these routes has been submitted to the government of Azerbaijan.
Rapidly changing geopolitical realities in the Eurasian space have played the role of a trigger, strengthening transport cooperation of Azerbaijan, Türkiye, Kazakhstan, and Georgia, increasing the volume of transshipment of cargo along the Trans-Caspian route.
The leaders of the five Caspian littoral states, participated in a summit meeting in the capital of Turkmenistan, Ashgabat on Wednesday (29 June). The Caspian “five” are Azerbaijan, Iran, Kazakhstan, Russia and Turkmenistan.
The foreign and transport ministers of Kazakhstan, Azerbaijan, and Turkey convened in Baku to explore ways to boost cooperation in logistics and energy as well as to discuss the regional and international agenda in light of the ongoing geo-political changes occuring in the region, reports the Kazakh Foreign Ministry.
Silk Way West Airlines based in Baku, Azerbaijan has signed a purchase agreement for two A350F. This is the first order from the Caspian region for this aircraft type.
After implementing a number of trans-Eurasian energy and logistics mega-projects, such as the Baku–Tbilisi–Ceyhan oil pipeline, Southern Gas Corridor and Trans-Caspian International Transportation Route, Azerbaijan has also strategically committed itself to policies designed to turn the South Caucasus country into a regional digital hub.
Silk Way West Airlines is looking to further grow its fleet and expand its network coverage as it marks its 10th year in operation.