Despite being a landlocked country, Azerbaijan has become a transition hub through different corridors and programs. Year by year, the volume of loads transported between Europe and Asia via Azerbaijan increases. For example, during January 2024, the revenues of Azerbaijan's transport sector increased by 22.6 percent compared to the corresponding period of last year and amounted to AZN1bn ($0.59bn). The sector's share in GDP increased from 5.4% to 7.0%. Only this figure is enough to demonstrate the importance that Azerbaijan attaches to transport corridors and programs.

Find the plan that suits you best.

Full digital access to all news for 1 month

Full digital access to all news for 3 months

Full digital access to all news for 6 months

Full digital access to all news for 1 year

QOSHE - Economist: Establishment of TRACECA Fund to lead to promotion of investments - Qabil Ashirov
menu_open
Columnists Actual . Favourites . Archive
We use cookies to provide some features and experiences in QOSHE

More information  .  Close
Aa Aa Aa
- A +

Economist: Establishment of TRACECA Fund to lead to promotion of investments

14 1
16.02.2024

Despite being a landlocked country, Azerbaijan has become a transition hub through different corridors and programs. Year by year, the volume of loads transported between Europe and Asia via Azerbaijan........

© AzerNews

Get it on Google Play