AN EXPERT MEETING ON THE ITC «CASPIAN SEA - BLACK SEA» PROJECT HAS STARTED ITS WORK IN ASHGABAT

On October 24, 2018, a quadripartite expert meeting on the «Caspian Sea - Black Sea» international transport corridor project (ITC-CSBS) with the participation of high representatives from Azerbaijan, Georgia, Romania and Turkmenistan, as well as the EU Contact Office, began its work in Ashkhabad.

Speaking with a welcoming speech, the speakers noted the large economic potential of the participating countries, as well as the role of transport cooperation among the priority areas on the multilateral agenda.

During the meetings, the participants discussed the role and importance of the ITC- CSBS for the development of inter-continental partnership. A review of the existing transport infrastructures of the participating countries and the possibilities of their expansion took place. The meeting participants also considered the issues of national transport legislation in four countries, as well as the possibility of developing and implementing at the national level regulatory legal acts conducive to the creation of the ITC- CSBS.

On October 25, the four-sided expert meeting on the «Caspian Sea - Black Sea» international transport corridor project will continue its work in the format of the sessions on the development of a set of measures to create the necessary conditions for the organization of a transport corridor. At the end, it is planned to adopt a joint Protocol on the quadrilateral meeting on the draft ITC- CSBS.