Five-sided meeting of the heads of the railway agencies of Azerbaijan, Iran, Georgia, Poland and Ukraine kicked off in Baku
A five-sided meeting of the heads of the railway agencies of Azerbaijan, Iran, Georgia, Poland and Ukraine kicked off in Baku on June 19.
Chairman of the Azerbaijan Railways Javid Gurbanov, Director General of the Iranian Railways Said Mohammadzadeh, Chairman of the Georgian Railways Mamuka Bakhtadze, Chairman of the Ukrainian Railways JSC Balchun Wojciech and Head of the State Railway of Poland Krzysztof Maminski took part in the event.
Gurbanov, addressing the meeting, gave detailed information about the work done for increasing the transit potential of the country and international transport corridor, implementation of the reforms and the challenges ahead.
The railway agencies of Azerbaijan, Iran, Georgia, Ukraine and Poland, working on the project of the South-West Corridor, aim at creating a new attractive logistics product, he said.
Following the meeting, Azerbaijan, Iran, Georgia, Ukraine and Poland have signed a final protocol on the South-West Transport Corridor project. The document envisages expanding cooperation opportunities on the South West Route in order to optimize cargo transportation and increase transit capacity.
Under the document, the coordination work between the five countries’ railway agencies on the South-West corridor was assigned to Azerbaijan Railways CJSC.
The Coordination Committee, under which a working group will be created, will deal with the issues of strategic importance and prospects of the corridor development. The working group will be based in Tehran.
The protocol reads that a Coordination Committee meeting on the South-West corridor will be held in Odessa in September.
Along with the Trans-Caspian and North-South corridors, the South-West corridor is of great importance for Azerbaijan. The South-West corridor is supposed to run from India to Europe through the Persian Gulf, Iran, Azerbaijan, Georgia, and the Black Sea. At an initial stage, it is planned to transport 10 million tons of cargo via this route with the possibility of increasing the transportation volume by several times in the future.