Latvia reveals curiosity in cooperation with Azerbaijan in logistics – 2024-05-22 12:46:44

by times news cr

2024-05-22 12:46:44

Latvia is exhibiting curiosity in cooperation with Azerbaijan in logistics and cargo transportation alongside worldwide transport corridors.

This was introduced by State Secretary of the Ministry of Agriculture of Latvia Raivis Kronberg on the Azerbaijan-Latvian enterprise discussion board in Baku, Day.Az studies on Monday with regards to Development.

“Given the brand new geopolitical realities, such cooperation is vital for us,” Kronberg famous.

As Deputy Minister of Financial system Sahib Mammedov said, the geographical location of Azerbaijan, which is a part of quite a few transport corridors, might be very useful for Latvia.

“Provided that freight transport from Asia to Europe is dealing with many logistical challenges because of the altering international geopolitical state of affairs, the East-West transport hall, which is a part of the traditional Silk Street and thought of the shortest commerce route connecting Europe and China, takes on new significance for connectivity continents,” Mammedov emphasised.

He additionally talked about that over the previous decade, Azerbaijan has constructed the most important sea commerce port on the Caspian Sea, with an preliminary capability of 15 million tons per yr and able to broaden to 25 million tons per yr.

“I’d additionally be aware the profitable work of the Baku Shipyard, which is able to producing ships to make sure environment friendly cargo transportation within the Caspian area,” Mammedov mentioned.

He expressed the opinion that the Center Hall, as an integral a part of the Silk Street, is gaining reputation and is experiencing a gentle improve within the quantity of processed site visitors.

“The center hall could also be of curiosity to Latvia and the Baltic nations,” Mammedov believes.

In accordance with him, in 2023, the amount of cargo transported alongside this route elevated by 86%, amounting to 2.7 million tons.

“Primarily based on this, we anticipate the energetic participation of Latvian firms to additional strengthen partnerships,” added the Deputy Minister of Financial system of Azerbaijan.

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