February 22, 2018

Turkish PM thanks Georgian PM for contribution to Baku-Tbilisi-Kars Railway

01 November 2017, 12:11 | Rufus Hill

Baku – Tbilisi – Kars railway corridor inaugurated

Rail link corridor for Asia-Europe goods finally opens

"Several European countries have expressed an interest in this project and Azerbaijan is in talks with them", the Azerbaijani president also said, adding that Kazakhstan and other Central Asian countries were interested in transporting their goods via the new rail link. He said that TANAP sets an example of how energy cooperation links continents to one another.

This once again shows that all the projects involving Turkey and Azerbaijan and those initiated by the two countries are being implemented, noted President Aliyev.

"The Baku-Tbilisi-Kars railway project was put into operation yesterday". This will likely lead to the emergence of potential for worldwide transport, reaching 50 million tons per year between Turkey and Asia, the Caucasus and European countries via the BTK Railway. Based on current cargo flows the company said it expects to re-route at least two million tonnes of existing cargo flows (principally dry cargo now transported by truck) between Turkey, the Caucasus, Russia and Central Asia. He said shipments from China would be able to reach Europe in 15 days using the BTK route, and the initial capacity of 6·5 million tonnes of freight and 1 million passengers per year was expected to increase to 17 million tonnes and 3 million passengers per year in 2034. "I believe we will raise this amount to $5 billion quickly", he said. Azerbaijan and Armenia are in an unresolved conflict over the territory of Nagorno-Karabakh.

Azerbaijan is scheduled to organize an expo for which Turkey will provide all and any kind support with its means available, Erdoğan said, citing Turkey's experience in expos as the country organized one a year ago in Antalya.

President Erdogan and Azerbaijan's President Ilham Aliyev reviewed the guard of honor and saluted the Azerbaijani soldiers.

Aliyev confirmed that military cooperation is a matter included on the agenda between Turkey and Azerbaijan. "This is our great success, great victory", said the Azerbaijani president.

Turkey and Azerbaijan inked six agreements in a number of fields.

Azerbaijan's Minister of Economy Shahin Mustafayev and Turkish Minister of Economy Nihat Zeybekci signed "The Memorandum of Understanding on the signing of the preferential trade agreement between the Government of the Republic of Azerbaijan and the Government of the Republic of Turkey".

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