(MENAFN- Trend News Agency) BAKU, Azerbaijan, April 17. The agreement
between the Port of Baku and the Chinese Port of Qingdao will allow
attracting cargo from China, South Korea, and other countries of
the East to the territory of Azerbaijan with further transportation
to Europe, Director General of Port of Baku Taleh Ziyadov said,
Ziyadov made the remark during the event dedicated to the
signing of a memorandum of understanding between the Ports of Baku
"In the Port of Qingdao, almost all operational work is carried
out automatically, 'green' and clean technologies are used. Our
cooperation will also allow attracting new technologies to the Port
of Baku," he said.
According to the official, over the past ten years, Azerbaijan
has achieved great success in the transshipment of goods between
East and West.
"The location of our port is of great strategic importance. For
example, within a radius of 1,000 kilometers, this covers a
population of 140 million people. From a logistical point of view,
we expect that in the future most of these cargoes will be in the
Port of Baku," the director general further said.
Speaking about the Middle Corridor, Ziyadov noted the opening of
new regional opportunities for its development by Azerbaijan, in
particular, the creation of the Zangazur Corridor.
"China and Chinese companies are actively taking advantage of
this, and we are confident that in the future the flow of goods
will only grow, both from East to West and in the opposite
direction," he added.
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.