2026-1-21 17:35 |
Azerbaijan’s sea freight transport saw a decline in both volume and value in 2025, despite a strong increase in exports.
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The International Bank of Azerbaijan (IBA) has filed an appeal to the New York court to aid the restructuring 1news.az »
2017-05-13 15:43
Azerbaijan’s strategic position in the Middle Corridor is central to enhancing regional connectivity, with an emphasis on infrastructure development, multimodal transport, and increased private sector participation, aimed at boosting trade flows and attracting foreign investment in key logistics sectors.
In 2025, Azerbaijan saw a decline in international rail cargo transport both in volume and value, reflecting reduced imports and exports, while overall freight transport value increased by 3.8% compared to 2024.
The large-scale road improvement projects in Gissar reflect growing local investment in transport infrastructure, aimed at improving connectivity, supporting economic activity, and enhancing living standards in the region.
The Latvian Chamber of Commerce highlights significant opportunities for collaboration with Azerbaijan in enhancing the Middle Corridor's infrastructure, logistics, and digitalization.
The visa-free regime for international truck drivers is expected to facilitate cross-border transport, reduce logistics costs, and support the expansion of Tajikistan-Iran trade.
The Asian Development Bank (АБР) is considering the Kobuleti Bypass Project (Lots 1 and 2) in Georgia.