Turkey Aims to Triple Middle Corridor Trade by 2030

Turkey is pressing ahead with a tripartite agreement with Georgia and Azerbaijan , aiming to speed freight rail traffic along a Middle Corridor trade route connecting China and Europe via the Caspian Sea. Turkish President Recep Tayyip Erdogan signed a memorandum of understanding on April 7 that aims to simplify customs procedures along the Baku-Tbilisi-Kars railway, one of the rail routes that carry goods from Azerbaijan i ports on the Caspian to markets in Europe.

Last year, Erdogan felt he was snubbed by the Western leaders after a handful of countries signed plans for a trade corridor bypassing Turkey at the G20 meeting in September. Speaking to reporters after the summit on September 11, he insisted East-West trade needs Turkey to thrive. “Türkiye is an important production and trade base,” he said. “The most convenient line for east-to-west traffic has to pass through Türkiye.

Georgia Azerbaijan Middle Corridor Trade

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