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New stage in relations between Kazakhstan and Azerbaijan, based mostly on synergy of financial potential, coming


BAKU, Azerbaijan, August 24. In bilateral
relations between Kazakhstan and Azerbaijan, a essentially new
mature stage is coming, based mostly on the utmost synergy of the
financial potential of the 2 international locations. The go to of the President
of Kazakhstan Kassym-Jomart Tokayev to Baku is a affirmation of
the agency intentions of the Kazakh facet, Kazakh economist Zhandos
Temirgali wrote about this in an article for Pattern.

Very quickly, on August 27, will probably be 30 years for the reason that
institution of diplomatic relations between unbiased
Azerbaijan and Kazakhstan. Nonetheless, relations between our kindred
peoples are rooted in historical occasions, as much as the existence of the
Oguz state within the south and west of contemporary Kazakhstan.

It’s noteworthy that, having gone by numerous troublesome
durations, together with the flourishing of statehood, fragmentation and
colonization, the 2 Turkic states from the western and jap
shores of the Caspian Sea are right now at comparable phases of their
growth. Each post-Soviet international locations historically pursue an
open international coverage, striving for modernization and lively
participation in world financial processes. An necessary issue is
the great help of Turkic integration inside the
framework of the Group of Turkic States (OTS) and TURKSOY,
during which our international locations are co-founders.

Bilateral relations between Kazakhstan and Azerbaijan right now have
the extent of strategic partnership and are allied in nature, which
was formally confirmed following the go to of the President of
Kazakhstan to Baku by signing the Declaration on strengthening
strategic relations between the Republic of Azerbaijan and the
Republic of Kazakhstan and deepening the allied mutual actions,
in addition to the Complete Program on the Improvement of
Cooperation between the Republic of Azerbaijan and the Republic of
Kazakhstan for 2022-2026.

It needs to be famous that the potential of bilateral financial
cooperation is really intensive. It’s gratifying that over the previous
7 years we’ve got seen a gentle pattern within the progress of commerce, which
within the first 5 months of 2022 reached $164.1 million, which is extra
than 3 occasions greater than the identical interval in 2021. In complete, final
12 months the amount of commerce between Azerbaijan and Kazakhstan amounted
to $332.2 million, which is considerably greater than not solely the
pandemic 12 months of 2020 ($109.2 million), but in addition in 2019 ($229.60
million). Thus, the purpose of $1 billion in commerce turnover set by the
President of Kazakhstan for the approaching years appears to be fairly
possible, making an allowance for the prevailing dynamics and
potential.

Based on official statistics, greater than 500 enterprises with
the participation of Azerbaijani capital are registered in
Kazakhstan, and in Azerbaijan, respectively, greater than 140
enterprises with Kazakh participation. Predominant areas of exercise:
commerce, agro-industrial advanced, development, transport and
logistics.

The true locomotive of bilateral cooperation needs to be the
transport and logistics business, particularly the joint growth of
trans-Caspian transcontinental cargo transportation. To begin with,
we’re speaking in regards to the Trans-Caspian Worldwide Transport
Route, which is named the “Center Hall” on the planet. This
route connects the most important markets of Eurasia, China (Southeast
Asian international locations) with the European Union, passing by the
territory of Kazakhstan, the Caspian Sea, Azerbaijan, Georgia and
Turkey.

The relevance of TITR is confirmed by statistics. For the interval
January-July this 12 months, the amount of cargo transportation amounted
to 845.2 thousand tons, a rise of 171% in comparison with the identical
interval final 12 months. Particularly, the amount of container site visitors
amounted to 17.6 thousand TEUs, a rise of 33%. Over the previous 5
years, from 2017 to 2022, greater than 3.9 million tons of cargo have
already been transported by way of this route by way of the Baku-Tbilisi-Kars
railway. The overall throughput of TITR is at present estimated at 5.8
million tons per 12 months, or 80 thousand containers. And can be
additional elevated.

Among the many fundamental benefits of the New Silk Street, I might single
out the excessive pace of supply and low advanced dangers. TITR permits
you to ship items from China to Turkey in 10-12 days, from China
to the EU in 14 days. For comparability, delivery by sea can take 3-4
occasions longer. As well as, within the context of a dynamically altering
worldwide geopolitical scenario, the “Center Hall” ought to
change into a dependable and secure route that passes by politically
steady states which might be pleasant to one another and to the world.

After all, there’s nonetheless loads of work forward to develop and
modernize the New Silk Street. Particularly, we’re speaking about
investments within the growth of a contemporary multimodal transport
infrastructure, a rise in rolling inventory and cargo ships,
guaranteeing the “seamlessness” of transportation by the
introduction of digitalization and the harmonization of tariff
coverage. These measures will cut back prices and improve the
industrial attractiveness of the route. The opening of the Zangezur
hall must also give a substantial impetus to TITR.

Trans-Caspian routes will not be restricted to rail and sea
transportation. The event of our route for transporting
vitality carriers to world markets (together with by the
Baku-Tbilisi-Ceyhan oil pipeline), in addition to the so-called.
“Digital Silk Street”, a community of broadband fiber-optic cables
stretched from Asia alongside the underside of the Caspian Sea to Europe,
permitting the creation of a contemporary digital infrastructure within the
South Caucasus and Central Asia.

Generally, the event of transcontinental routes will
require from the neighbors within the Caspian Sea, Kazakhstan and
Azerbaijan, joint efforts to place and promote this route on the
funding map of the world as a way to appeal to investments from
massive worldwide gamers who’ve the know-how and capital to
develop the prevailing colossal financial potential.

Thus, right now it’s apparent that the western and jap shores of
the Caspian Sea have gotten nearer than ever to one another,
connecting the complete continent. And together with this, two mighty
strongholds of the Turkic World – Azerbaijan and Kazakhstan.

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