By addressing issues such as capacity shortages and connectivity issues, the European Commission aims to enhance the operational efficiency of the Trans-Caspian Transport Corridor. With an estimated investment of EUR 18.5 billion for hard infrastructure, the EU, alongside private sector and international financing institutions, is committed to supporting sustainable transport connectivity in Central Asia.
The EU’s strategy involves promoting sustainable connectivity with Central Asia, as demonstrated by the extension of Trans-European Transport networks to neighboring countries. Azerbaijan, with its strategic location and key infrastructure like the Port of Baku, plays a vital role in connecting Europe and Asia through initiatives like the Baku-Tbilisi-Kars railway section.
Overall, the EU’s efforts focus on creating a regional network of connections to enhance connectivity, promote trade facilitation, and support sustainable economic development in Central Asia.
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