Caspian Energy Journal Caspian European Club
Thursday, 29 November 2018 11:00

Lapis Lazuli corridor: towards a globalized world economy

Lapis Lazuli corridor: towards a globalized world economy

Work of the International Conference of Transport Ministers of the member states of Lapis Lazuli Agreement between Turkmenistan, the Republic of Azerbaijan, Georgia, the Republic of Turkey, and the Islamic Republic of Afghanistan has taken place in the Congress Centre of Avaza National Tourist Zone.  The document was signed on November 15, 2017 at the ministerial session of VII the Regional Economic Cooperation Conference on Afghanistan (RECCA VII) in Ashgabat, Caspian Energy News ( reports with reference to the state news agency of Turkmenistan Golden Age.   

The Conference, held under five-side Agreement, has become another step in implementation of the project of international Lazuli transport and transit corridor, which is aimed at the improvement of productive cooperation in geo-economic space including the regions of Central and South Asia, Caspian and Black Sea basins and Mediterranean.

During the conference the participants highlighted the significance of multimodal corridor Lapis Lazuli for economic growth of all participating countries. At the same time Lapis Lazuli corridor will enable to use the huge transit and transport potential of the countries participating in the agreement, which today are simultaneously developing their transport infrastructure.

At the end of the forum the sides signed a final document, which covered the key vectors of the further transport cooperation of the states to be passed by the Lazuli corridor.

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Person in charge of the newsline: Olga Nagiyeva 

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