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Azerbaijan’s cargo transportations through TRACECA hit $24.2m

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17 September 2020 14:42 (UTC+04:00)

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By Ayya Lmahamad

The quantity of cargo transportation in the Azerbaijani sector of the Transport Corridor Europe-Caucasus-Asia (TRACECA) amounted to $24.2 million during the time period of January-July 2020, nearby media documented with reference to the Condition Stats Committee.

According to the report, the volume of cargo transportation decreased by 18.3 per cent compared to the identical interval of 2019.

In the course of the reporting time period, 7.5 million tons or 30.8 % of all cargo transportation was carried out by rail, 13.9 million or 57 p.c by automobile usually means of transportation, and 2.9 million or 12.2 percent by sea.

In addition, the share of transit cargoes in the total quantity of freight targeted traffic along the TRACECA corridor amounted to 4.9 million tons or 20.2 %, for the duration of the reporting interval.

Established in 1993, TRACECA is an worldwide transportation software involving the European Union and 12 member states of the Eastern European, Caucasian and Central Asia location (Azerbaijan, Armenia, Georgia, Uzbekistan, Kazakhstan, Kyrgyzstan, Tajikistan and Turkmenistan).

The software purpose is to present aid in the restoration of the transport infrastructure of the newly independent states of the South Caucasus and Central Asia, build a shortest transportation corridor connecting Europe and Asia and therefore integrate the location into the West.

So, Europe-Caucasus-Asia transport corridor connects Frankfurt (Germany) with Shanghai (China).

In 2019, TRACECA transported 52.8 million tons of cargo by Azerbaijan, which include 8.8 million tons or 15.3 per cent of transit cargo.

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