Kazakh Economy Minister: Kazakhstan, Azerbaijan, Turkey, Georgia eyeing 10 mln tonnes of Caspian Sea exports in 2025 through Middle Corridor
Alibek Kuantyrov, the Economy Minister of Kazakhstan, on Thursday said his country, Azerbaijan, Turkey and Georgia were expecting to increase exports from the Caspian Sea through the Middle Corridor. Photo: Economic Research Institute of Kazakhstan
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Alibek Kuantyrov, the Economy Minister of Kazakhstan, on Thursday said his country, Azerbaijan, Turkey and Georgia were expecting to increase exports from the Caspian Sea through the Middle Corridor, a logistics link connecting Europe with Asia, to 10 million tonnes by 2025.
In 2023, exports from the Caspian Sea through the Middle Corridor from our two ports increased by 86 percent, or by 2.8 million tonnes [...] With the help of our Azerbaijani, Georgian and Turkish friends, we signed two roadmaps regarding the development of the Middle Corridor”, he said.
Kuantyrov said one of the main directions of diversification was the development of infrastructure, including for the Corridor.
We are making a lot of investments. This Corridor is an alternative to our traditional routes, which are also of great importance to us, but at the same time we are developing other ways to export our products”, he said.
Kuantyrov participated at the Dialogue on Diplomacy in the Western Balkans panel, hosted within the World Economic Forum in Davos, where Georgian Prime Minister Irakli Garibashvili also spoke about the importance of the development of the Corridor.
Georgian Prime Minister Irakli Garibashvili on Thursday promoted Georgia as a country of “significant geostrategic location” and said his Government was “loyal” to the idea of developing the Middle Corridor - a logistics link connecting Europe with Asia - which he said would become a more “interesting, attractive, alternative route”.
Georgian Prime Minister Irakli Garibashvili on Thursday hailed his country’s “very close” ties with neighbouring Azerbaijan and Armenia and the ongoing efforts to sign a peace deal for ending their lasting dispute over the Nagorno-Karabakh region.
Georgian Foreign Minister Ilia Darchiashvili on Thursday said his Government would “spare no effort” to ensure that the country is “both a reliable partner and a bridge” between Europe and Asia.
Georgian Economy Minister Levan Davitashvili on Wednesday said the country's transport and logistics potential, prospects and investments for further improving them were discussed in meetings at the ongoing World Economic Forum in Davos.