In January-February this year through TRACECA transport corridor via Azerbaijan there was transported 1 million 172.7 thousand tons of cargo. This is by 38.7% less than in the first two months of 2015, the State Statistics Committee told Turan.
Despite the decline in traffic, transport revenues on cargo transit increased. Within two months from the transit of goods 30.7 million manats was earned that is 37.4% more than in the same period last year.
The railway transport of goods in transit earned AZN 14.8 million (+ 91%), and CJSC Azerbaijan Caspian Shipping Company earned 15.8 million manats (+ 8.8%).
According to the SSC, along TRACECA 9.5 million tons of transit cargo was transported.
The TRACECA project is funded by the European Union for the development of a transport corridor from Europe through the Black Sea, the Caucasus and the Caspian Sea with access to the Central Asian countries. -----08B
Economics
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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
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Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
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