From January to September, on the territory of Azerbaijan was forwarded 11,368,000 tons of goods in transit. 10,661,400 of them or 93.7% accounted for goods transported by the Azerbaijan section of Corridor Trans Europe-Caucasus-Asia (TRACECA).
Transit of goods along the TRACECA corridor decreased compared to the same period in 2011 by 2.5%, the State Statistics Committee told Turan.
Transportation in this corridor by rail amounted to 5.1 million tons (-3.8%), on the Caspian Sea - 5.56 million tons (-1.3%).
Only to local traffic on the corridor freight traffic was 37.7 million tons, which is 6% higher than in the first eight months of 2011.
According to the committee, cargo rescued from the activities of the corridor TRACECA 284,8 million manat, which is 20.5% more than in the same period of 2011. - 08D-
Economics
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The State Oil Company of Azerbaijan (SOCAR), Albania’s Ministry of Infrastructure and Energy, and Albanian gas company Albgaz signed a memorandum of understanding (MoU) on Sunday in Baku during the 29th session of the UN Climate Change Conference (COP 29).
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The Green Energy Corridor project, aimed at delivering green energy from Azerbaijan through Georgia and the Black Sea to Romania, Hungary, and Bulgaria, has entered the investment assessment phase, according to Georgian Deputy Prime Minister and Minister of Economy and Sustainable Development, Levan Davitashvili.
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Azerbaijan’s state oil company SOCAR and Italy’s Italgas signed a cooperation agreement on Sunday during the 29th session of the United Nations Framework Convention on Climate Change (COP29), aimed at accelerating the energy transition.
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Turkey aims to achieve carbon neutrality by 2053, transforming key sectors of its economy in line with a vision of "net-zero emissions and green development," President Recep Tayyip Erdogan announced at COP29 in Baku on Monday.
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