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18/03/19 12:21

Quadripartite partnership in the Eurasian area to foster international transport

Meeting of foreign ministers of Azerbaijan, Georgia, Romania and Turkmenistan to establish a cooperation along a transport route between the Black Sea and the Caspian Sea

Georgian Foreign Minister Davit Zalkaliani, who visited Bucharest in early March, met with his Azerbaijani, Romanian and Turkmen counterparts - Elmar Mammadyarov, Teodor-Viorel Meleşcanu and Rashid Meredov, respectively - to discuss further strengthening and enhancing of  economic ties.

The four foreign ministers signed a joint statement on establishing international transport route between the Black Sea and the Caspian Sea (BSCS) in a quadripartite partnership.

In the joint statement, the parties hailed sectoral cooperation between their countries, and called for expanding trade and economic relations and fostering interregional connectivity; they also reaffirmed that regional economic cooperation and integration offers broad opportunities for growth, and can assist with taking advantage of and developing the long-term economic potential that exists in the wider region.

The ministers believe the new route would be a competitive route connecting Europe and Asia, together with other similar regional projects, which are aimed to establish effective transportation of goods from Asian states through Caspian and Black Seas to Europe and vice versa across the territories of Azerbaijan, Georgia, Romania and Turkmenistan.

The Foreign Ministers agreed to meet at least once a year, on the ministerial level to assess the progress and plan the next steps for promotion of the BSCS international transportation route, with the next ministerial scheduled to be held in Turkmenistan.

The expert level cooperation will also be established.

Involved in the project, that envisages a direct link along the Danube river to the Black Sea and then to the Caspian Sea, are the ports of Constanta (Romania), Poti (Georgia), Baku (Azerbaijan) and Turkmenbashi (Turkmenistan).

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