Baku 23° C
https://images.report.az/photo/e5bc039e-81cb-37ee-ba77-6df165969479.jpg
The implementation of the Trans-Caspian International Transport Route (Middle Corridor) between Azerbaijan and Kazakhstan contributes to the development of not only transport and logistics ties, but also trade and economic relations and mutual investments in general, political scientist Ilgar Valizada told Report.
The Middle Corridor acts as a unifying principle in cooperation between countries, an important transport artery that promotes the development of trade and bilateral trade and economic relations. As a result, the level and quality of relations between Azerbaijan and Kazakhstan are increasing.
According to the expert, the development of the Trans-Caspian route is a priority for both states and is in the focus of regional discussions.
"The Middle Corridor is an important systemic project, in which interaction between Azerbaijan and Kazakhstan plays an essential role, primarily between the ports of Alat near Baku and Kuryk and Aktau on the eastern coast of the Caspian Sea. It is very important to improve the systemic clearance of cargo, as well as increase transit volumes, in particular, due to container transportation," the expert believes.
According to the political scientist, cooperation between the two countries is characterized by great dynamics. It is also important that both states are participants in the Turkic Automotive Industry Conglomerate project.
"As you know, Uzbekistan also participates in this conglomerate along with Azerbaijan and Kazakhstan. This major project was proposed by the Uzbek side. The Turkic automotive industry conglomerate is a very promising project, since all participating countries have the appropriate capacities for the development of a common automotive industry," he said.
The expert noted that the market of the conglomerate's participants is capacious, which makes it possible to predict a rather high demand at the optimal price for manufactured products.
"Since the products will be manufactured in the member countries of the conglomerate, they will be competitive in the local market, and in the future they will be in demand outside the three countries," Valizada believes.
