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By Vusal GULIYEV, Head of Shanghai Office at AZEGLOB Consulting Group and Policy Expert at the Baku-based Topchubashov Center
The strategic importance of the Trans-Caspian International Transport Route (TCITR) has grown in recent years, paralleling geopolitical and economic developments on both global and regional scales. Against the backdrop of global logistics markets adapting to new conditions, the development of this multifaceted transport route, which encompasses transit states in Central Eurasia such as Azerbaijan, Türkiye, Kazakhstan, and Georgia, has become a priority for many nations and multinational corporations. Following prolonged delays in traditional transport and logistics corridors caused by the COVID-19 pandemic, the Trans-Caspian Corridor began to gain prominence in global freight transport. Its importance was further highlighted after the escalation of the Russia-Ukraine war, creating new long-term opportunities for the sustained development of this multimodal trans-regional route. READ MORE
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