WORKING MEETING ON THE INTERNATIONAL TRANSIT-TRANSPORT ROUTE “CASPIAN SEA-BLACK SEA”

On May 7, 2020, a quadrilateral working meeting was held in the Ministry of Foreign Affairs of Turkmenistan through videoconferencing on the discussion of the project of Intergovernmental Agreement on the Establishment and Implementation of the International Transit-Transport Route “Caspian Sea – Black Sea.”

The representatives of the Ministry of Foreign Affairs, as well as other ministries and departments of Turkmenistan, Republic of Azerbaijan, Georgia, and Romania, participated in the meeting. 

During the meeting, issues pertaining to the increase of cargo transportations via the ports of Turkmenbashy, Baku, Poti, Batumi, and Constanta, as well as the stimulation of cooperation with all the stakeholders, including the European Union were discussed. Noting the global nature and perspectives of the given route for the development of the economic partnership, production and energy cooperation, trade, and investments, the parties also discussed the opportunities of using the digital technologies and arranging the informational data exchange.