Afghanistan’s next move in reviving the Silk Road

by Wadsam | January 16, 2016 7:33 am

Afghanistan eyes membership of the Transport Corridor Europe-Caucasus-Asia (TRACECA), which is comprised of eight countries: Armenia, Azerbaijan, Georgia, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan.

Officials of the Ministry of Transport and Civil Aviation said the TRACECA membership would enable Afghanistan to access South Asia and European markets.

It is worthwhile to mention that the TRACECA members in their 11th meeting lent their support to Afghanistan’s membership in the organization.

Furthermore, Transport and Civil Aviation Minister Momahdullah Batash said Iran pledged to provide technical support to Afghanistan in order to obtain the membership of the corridor.

The decision is warmly welcomed by Afghan lawmakers who are hopeful the corridor will open new trade routes for Afghanistan.

For the first time, TRACECA Program was initiated at the Conference in Brussels, in May 1993, involving Ministries of Trade and Transport from 8 countries: Armenia, Azerbaijan, Georgia, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan.

Members of this Conference adopted Brussels Declaration, to give rise to implementation of the interregional program of technical assistance “TRACECA”, financed from the European Union and aimed at the development of the transport corridor from Europe, crossing the Black Sea, Caucasus, the Caspian Sea and reaching the Central Asian countries.

Source URL: https://wadsam.com/afghan-business-news/afghanistans-next-move-in-reviving-the-silk-road-232/