Azerbaijan, Georgia, Romania and Turkmenistan have agreed on creating an international transport corridor connecting the Black Sea with the Caspian Sea.
They say such an attempt is aimed at boosting economic cooperation among them and supporting sustainable development and stability across the wider region.
The foreign ministers of the four countries held a meeting in the Romanian capital, Bucharest, on Monday to discuss the creation of the Black Sea-Caspian Sea Transport Corridor (BSCS).
At the end of the first such quadripartite meeting, they issued a joint statement according to which the four countries reaffirmed mutual respect for sovereignty, territorial integrity and inviolability of their internationally recognized borders.
The statement of the meeting, which had Azerbaijani Foreign Minister Elmar Mammadyarov, Georgian Foreign Minister David Zalkaliani, Minister of Foreign Affairs of Romania Teodor Viorel Melescanu and Minister of Foreign Affairs of Turkmenistan Rashid Meredov in attendance, further highlighted the current achievements of sectoral cooperation among them.
Signing of Bucharest Statement, Launching of #Romania - #Georgia - #Azerbaijan - #Turkmenistan high-level dialogue and establishment of Black Sea-Caspian Sea Freight Transport Corridor opens new possibilities for East and West connectivity and regional development π¬πͺπ·π΄π¦πΏπΉπ² pic.twitter.com/UB02EIpSTk
β David Zalkaliani (@DZalkaliani) March 4, 2019
The document also called for expanding trade and economic ties and encouraging interregional connectivity.
The βBlack Sea-Caspian Sea international transportation route will complement other similar regional projects, which are aimed at establishing effective transportation of goods from Asian states through Caspian and Black Seas to Europe and vice versa across the territories of Azerbaijan, Georgia, Romania and Turkmenistan,β the statement highlighted.
The ministers also underscored the importance of the BSCS project in relation to the partnership it makes for the four countries, given the increasing international significance attached to the global trade and effective transport connectivity.