Independent journal on economy and transport policy
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Memorandum of understanding between the port of Trieste and the Azerbaijani port of Baku
Among the objectives, the development not only of synergies in the field of trade and integrated maritime and rail logistics services, but also of knowledge transfer activities and good practices
February 24, 2020
Among the goals of the signature, those to develop not only synergies in the field of integrated traffic and logistics services maritime and rail, as well as transfer activities knowledge and best practices, in areas such as the management of free Trade Zones, ICT, staff training and policy development innovative ports aimed at environmental sustainability security. "These are areas in which - noted the President Adriatic Sea Port System Authority Eastern, Zeno D'Agostino - the port of Trieste has a highly qualified positioning that is high foreign partners in developing areas.'
The AdSP pointed out that the trans-Caspic director is a growing area as part of the new global routes south of Russia, which connect the Far East and Europe, also exploiting the potential of the new Azerbaijan's rail infrastructure, such as the lines with the Georgia Baku-Batumi or those with Turkey Baku-Kars. In this Baku airport, the most important in the country's largest, with new investments in the Alat area, and Trieste, result in a strategic hinge position sea-land, respectively in the Central Asian and European areas.
"Relations with the port of Baku - explained D'Agostino - have strengthened further thanks to this memorandum, which represents a new opportunity for development policies to internationalize our system global networks."
"The protocol we signed with Trieste - commented Taleh Zyadov, director of the port of Baku - opens new opportunities for both ports that will serve as hubs central corridor linking China and Europe through Azerbaijan."
During the Forum in Rome on Friday, the President ICE,Carlo Ferro, recalled that Azerbaijan, with 10 million population and a gross domestic product of more than 48 billion, is pushing forward the challenge of diversifying its economy from the oil accounts for about 35%, becoming a hub positioning itself as a crossroads for trade between Europe and europe. China and South Asia and Russia. With this in mind, the resources of the country will be mainly invested in road, port and rail infrastructure.
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