Number of containers passing in all directions increased in Azerbaijan
This year, Azerbaijan has seen a significant increase in land transportation, both for goods moving between east and west, and between north and south. This was stated by Prime Minister Ali Asadov during the II Caspian Economic Forum. It is reported by Railway Supply magazine with reference to RailFreight.
Azerbaijan is located on the Middle Corridor and on the International North-South Transport Corridor (INSTC). Both corridors have gained importance since the start of the war in Ukraine in February. The country is strategically located on the shores of the Caspian Sea, and the port of Baku plays a leading role in the growth of cargo traffic.
In the first eight months of 2022, transit cargo transportation through Azerbaijan along the east-west corridor increased by 20 percent, and by 33 percent along the north-south route. Overall, the country saw a surge in trade with the countries of the Caspian region by more than 45 percent between January and August 2022.
Russian invaders destroyed more than 15% of granaries in Ukraine
The Middle Corridor is the corridor from China to Europe via Turkey. Although there are many possible routes, an important section is the Baku-Tbilisi-Kars line, which was launched in October 2017. The 826 km project included upgrading existing infrastructure in Azerbaijan and Georgia. This made transit more efficient.
In the north-south corridor, the increase in volumes was provided by traffic between Russia and Iran. The corridor is used to deliver Russian goods to the southern port of Iran, from where they are sent to India, and vice versa.
Railway news you might have missed:
British Railways is ready for the funeral of Elizabeth IIFind the latest news of the railway industry in Eastern Europe, the former Soviet Union and the rest of the world on our page on Facebook, Twitter, LinkedIn, read Railway Supply magazine online.
Place your ads on webportal and in Railway Supply magazine. Detailed information is in Railway Supply media kit