Azerbaijan modernizes transport and logistics infrastructure actively used by many of CIS partners - PM Ali Asadov

Ali Asadov, Prime Minister of Azerbaijan

© APA | Ali Asadov, Prime Minister of Azerbaijan

# 18 December 2023 13:17 (UTC +04:00)

"The economic and trade field is an important direction of cooperation between our countries," Prime Minister of the Republic of Azerbaijan Ali Asadov said as he delivered a speech at the Meeting of the Commonwealth of Independent States (CIS) Council of Heads of Government, APA reports.

Prime Minister noted that Azerbaijan is participating actively in economic cooperation within the framework of the CIS: "Last year, the volume of commodity turnover between Azerbaijan and the CIS countries increased by approximately 30%. According to the results of 10 months of the current year, another 17% increase has been recorded. Mutually beneficial cooperation has been formed in the field of transport and transit, where East-West and North-South Transport Corridors will be priority projects. Azerbaijan continues the modernization of the transport and logistics infrastructure, which are actively used by many of our CIS partners. We are also working closely within the CIS to expand the transmission capacity of the mentioned Corridors."