Azerbaijan Railways and Georgian Railways signed a document on bilateral cooperation in the field of cargo transportation

Azerbaijan Railways CJSC and Georgian Railways JSC have signed a document on bilateral cooperation in the field of cargo transportation, as Railway Supply magazine reports referring Menafn news portal.

Railways
Picture: menafn

Chairman of the Azerbaijani Railways Javid Gurbanov briefed participants in the meeting about current cooperation between the Azerbaijani and Georgia Railways, the transport and logistics capabilities of Azerbaijan, railway reforms and work to improve its efficiency.

In addition, he spoke about the Baku-Tbilisi-Kars railway communication, as well as the North-South and South-West transport corridors. In addition, he stressed that the strengthening of international routes is aimed at increasing the transit potential of the participating countries.

Touching upon the importance of the Baku-Tbilisi-Kars railway, he described the route as a global, shortest and most reliable way connecting Europe and Asia. He said that for this reason, interest in the route had increased after its commissioning.

In turn, the chairman of the Georgian Railway David Peradze said that the launch of the railway is the greatest contribution to stability in the region, strengthening ties between the peoples of the two countries and economic development.In addition, he noted that using the possibilities of this route, cargoes from China and Central Asia are transported through Azerbaijan and Georgia to Turkey and back.

Additionally, the parties exchanged views on the prospects for cooperation between the railroads of the two countries and discussed issues related to the cargo transportation and measures to improve the efficiency of operations.

It should be noted that the trade between the two countries amounted to $466.7 million in January-October 2020. Of total turnover, export amounted to $407.9 million, while import to $58.7 million.

Related:

Turkey continues rail infrastructure projects despite virus