Ukraine initiates creation of transport corridor to link between Baltic Sea, Caspian Sea

11:46, 02.07.2016 1 min read

Ukraine has sent the draft agreement on establishment of the Baltic Sea-Black Sea-Caspian Sea international transport corridor to the Azerbaijani side.

Such was the statement of Hennadiy Zubko, Ukraine's Minister of Regional Development, Construction, Housing and Utilities Services he made at the meeting of the Ukraine-Azerbaijan intergovernmental commission on economic cooperation in Baku, his ministry's press service said.

"This is a big transport corridor that will synchronize several routes and become very much important in strengthening trade and economic ties. It is also planned to create a unified management organ as part of the corridor to form an overarching strategy for development of cargo transportation in the region," he said.

Zubko also revealed that Ukraine and Azerbaijan continue to maintain cooperation on the transportation route dubbed the Silk Road since the results of the pilot run of the Ukraine-Georgia-Azerbaijan-Kazakhstan-China container train proved technical and technological opportunities that such a service brings.