On February 6, the Azerbaijan-China Business forum held in Beijing gathered together a number of state officials including Minister of Economy Shahin Mustafayev, the Chairman of the Export and Investment Promotion Fund of Azerbaijan (AZPROMO), as well as officials from the Ministry of Commerce of China and the Chinese Council of Propaganda of International Trade. The business forum was reportedly devoted to the Trans-Caspian Transit Corridor as part of China-led ambitious Belt and Road Initiative.
The Trans-Caspian International Transport Route, a corridor of 6,500 km links Asia with Europe and passes through countries including Azerbaijan, Georgia, Kazakhstan, and Turkey. A flagship project of the corridor, the Baku-Tbilisi-Kars (BTK) Railway, was inaugurated in October in 2017. The railway connects Azerbaijan, Georgia, and Turkey, establishing a freight and passenger link between Europe and China. During the inauguration ceremony President Ilham Aliyev stated that “Baku-Tbilisi-Kars will connect not only countries, but continents as well.” Thus, the BTK project is undoubtedly has enormous importance to the competitiveness of the Trans-Caspian corridor. Continue reading