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Afghanistan-Turkmenistan-Azerbaijan-Georgia-Turkey Project Discussed in Ashgabat

The draft agreement on Afghanistan-Turkmenistan-Azerbaijan-Georgia-Turkey transport and transit corridor was discussed during a five-party meeting in Ashgabat, a message from the government of Turkmenistan said on Nov.17.

The meeting was attended by the representatives of delegations from the abovementioned countries.

The parties emphasized the significance of the project which aims to create new opportunities for the participating countries and for the region as a whole to get access to world markets, the message said.

Moreover, the project aims at intensifying trade and economic relations in Eurasia.

This transport and transit corridor project will also promote Afghanistan's socio-economic revival and allow the country to join major regional and international infrastructure projects.

Experts from the participating countries believe that this is a timely initiative and it will contribute to the further progress and prosperity of each country in the region by increasing the volume of general trade and reducing the expenditures on the cargo transit.

During the negotiations, the sides also discussed the issues related to the further cooperation between the countries in accordance with the principles of equality, mutually beneficial partnership and respect and intensification of fruitful cooperation in political, trade, economic and humanitarian spheres.

Turkmenistan earlier showed interest in joining the Baku-Tbilisi-Kars (BTK) railway project. Azerbaijan, Georgia and Turkey are implementing this project to transport cargo from China and Central Asia.

Source: Trend

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