Azerbaijan And China Sign Middle Corridor-Transportation Mou
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, July 2. Azerbaijan and China
have sealed the deal on a Memorandum of Understanding (MoU) that
will really grease the wheels for transportation volumes along the
Middle Corridor, Trend reports.
According to Azerbaijan Railways CJSC, the signing ceremony was
held within the framework of a meeting with a delegation of the
government of Jiangsu Province of the People's Republic of
China.
The sides exchanged views on attracting new cargoes to the
Middle Corridor, current issues of cooperation, as well as China's
subsidizing transit transportation through Azerbaijan.
Following the meeting, a memorandum of cooperation was signed.
The memorandum will serve to develop bilateral ties between the
parties in the field of railway transport and increase the volume
of transportation along the Middle Corridor.
To note, the Middle Corridor links the container rail freight
transportation networks of China and the European Union countries
through Central Asia, the Caucasus, Türkiye, and Eastern
Europe.
The multilateral multimodal transportation infrastructure links
the ferry terminals of the Caspian and Black Seas with the railway
systems of China, Kazakhstan, Azerbaijan, Georgia, Türkiye,
Ukraine, and Poland.
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